PREMARKET ALERT: Lexmark (LXK)

Posted in General 
July 21st, 2009

Lexmark International Group Inc. (NYSE: LXK) shares are down more than 6 percent to $17.50 in very early premarket volume of fewer than 1,000 shares. The company is one to watch for potential downside on strong volume. The printer company reported EPS of 55 cents a share, 5 cents light of analyst consensus. Revenue fell nearly 21 percent from the same period a year earlier, and was short of expectations. The company guided EPS lower for the third quarter. — Mike Tarsala

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