$0.17 Earnings Per Share Expected for LSC Communications (LKSD) This Quarter

Equities analysts forecast that LSC Communications (NYSE:LKSD) will report earnings per share (EPS) of $0.17 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for LSC Communications’ earnings. The lowest EPS estimate is $0.14 and the highest is $0.20. LSC Communications reported earnings per share of $0.14 during the same quarter last year, which would suggest a positive year-over-year growth rate of 21.4%. The company is expected to report its next quarterly earnings report on Thursday, May 3rd.

On average, analysts expect that LSC Communications will report full-year earnings of $2.51 per share for the current year, with EPS estimates ranging from $2.30 to $2.83. For the next year, analysts anticipate that the business will report earnings of $2.68 per share, with EPS estimates ranging from $2.45 to $2.99. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow LSC Communications.

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LSC Communications (NYSE:LKSD) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.16). LSC Communications had a negative net margin of 1.58% and a positive return on equity of 25.28%. The company had revenue of $999.00 million for the quarter, compared to the consensus estimate of $947.67 million. During the same period last year, the business posted $0.48 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year.

A number of research firms have recently weighed in on LKSD. Zacks Investment Research upgraded shares of LSC Communications from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 28th. ValuEngine upgraded shares of LSC Communications from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 9th. Finally, Bank of America lowered shares of LSC Communications from a “neutral” rating to an “underperform” rating in a report on Monday, April 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $23.50.

Shares of NYSE:LKSD opened at $17.29 on Friday. LSC Communications has a 12-month low of $11.79 and a 12-month high of $26.73. The stock has a market cap of $586.79, a PE ratio of 8.59, a P/E/G ratio of 2.35 and a beta of 0.04. The company has a current ratio of 1.36, a quick ratio of 1.05 and a debt-to-equity ratio of 2.82.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Stockholders of record on Tuesday, May 15th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, May 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 6.02%. LSC Communications’s dividend payout ratio is currently 52.79%.

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LSC Communications Company Profile

LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products. It operates through Print and Office Products segments. The Print segment produces magazines, catalogs, retail inserts, books, and directories. It also provides supply-chain management and various print-related services, including mail-list management and sortation, e-book formatting, and distribution services.

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