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Lexmark (LXK) revised its financial outlook late yesterday, issuing downside FQ2 EPS guidance of...

Lexmark (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.
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