Volume Spike Investor » LXK

Lexmark Earnings, New 52-Week Highs (LXK)

247admin — Tue, 27 Apr 2010 12:55:59 +0000

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

Lexmark Back to Printing Money (LXK)

247admin — Tue, 02 Feb 2010 13:13:04 +0000

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

PREMARKET ALERT: Lexmark (LXK)

247admin — Tue, 21 Jul 2009 12:01:14 +0000

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