Lexmark (NYSE:LXK) released earnings and shares initially took a 3% tumble, but are back to even since then. Earnings came in at $0.99 a share (beating $0.93 consensus) and revenue was $894 million (beating $867 million consensus).
LEXINGTON, Ky. , July 24, 2014 /PRNewswire/ -- Lexmark International, Inc. (NYSE: LXK) today announced that its Board of Directors declared a quarterly cash dividend of $0.36 per share of Lexmark Class A Common Stock.
Lexmark International, Inc. (NYSE: LXK) reported Q2 EPS of $0.99, $0.06 better than the analyst estimate of $0.93. Revenue for the quarter came in at $892 million versus the consensus estimate of $867.09 million.
Our proven model does not conclusively show that Lexmark will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen.