Lexmark International Inc. Reveals 6% Decline In Q3 Earnings

(RTTNews) - Lexmark International Inc. (LXK) revealed earnings for third quarter that dropped from last year.

The company said its profit totaled $868 million, or $0.57 per share. This was down from $921 million, or $0.96 per share, in last year's third quarter.

The company said revenue for the quarter fell 7.3% to $851 million. This was down from $918 million last year.

Lexmark International Inc. earnings at a glance:

-Earnings (Q3): $868 Mln. vs. $921 Mln. last year. -Earnings Decline (Y-o-Y): -5.8% -EPS (Q3): $0.57 vs. $0.96 last year. -EPS Decline (Y-o-Y): -40.6% -Revenue (Q3): $851 Mln vs. $918 Mln last year. -Revenue Change (Y-o-Y): -7.3%

-Guidance: Next quarter EPS guidance: $1.05 - $1.15 Full year EPS guidance: $3.42 - $3.52