Lexmark Earnings, New 52-Week Highs (LXK)

Posted in pre-market 
April 27th, 2010

Lexmark International Inc. (NYSE: LXK) is trading substantially higher after earnings, which came in at $1.35 EPS, about $0.46 above consensus and needs verifying.  Revenue rose about 10% to $1 billion, which was in line with estimates.  At 8:53 AM EST we have shares up 9.2% at $43.60 on about 75,000 shares.  The stock is now trading at new 52-week highs as the listed range before this morning’s pre-market trading session is $14.23 to $40.65 and te average volume is about 2.5 million shares.

JON OGG

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