Lexmark Back to Printing Money (LXK)

Posted in pre-market 
February 2nd, 2010

Lexmark International Inc.(NYSE: LXK) is looking up almost 10% on earnings and this may mark a new 52-week high if it holds.  The printer company posted Q4 EPS of $1.16, above the $0.61 estimates.  Revenue fell 1% to $1.07 billion vs. $0.99 billion expected. Shares are up 9.7% at $26.80 on only about 15,000 shares as of 8:08 AM EST.  The average volume is just over 1.5 million shares and the 52-week trading range is $14.23 to $28.81.

JON C. OGG

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