Market Currents
Lexmark (LXK) revised its financial outlook late yesterday, issuing downside FQ2 EPS guidance of...
-
Friday, July 13, 2012, 3:01 AM ETLexmark (LXK) revised its financial outlook late yesterday, issuing downside FQ2 EPS guidance of $0.87-0.89 vs. consensus of $1.00. Sees FQ2 revenue -12% Y/Y, or ~$919.6M vs. $960.8M consensus. Demand was weaker than expected, especially in Europe, and currency fluctuations were larger than expected. Both factors are expected to impact H2. Shares -9.5% AH, after falling 7.5% in regular trading.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
