Wall Street brokerages expect LSC Communications Inc (NYSE:LKSD) to post earnings per share of $0.15 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for LSC Communications’ earnings, with estimates ranging from $0.14 to $0.16. LSC Communications reported earnings of $0.12 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 25%. The company is scheduled to announce its next quarterly earnings report on Tuesday, February 18th.
According to Zacks, analysts expect that LSC Communications will report full-year earnings of $0.12 per share for the current fiscal year, with EPS estimates ranging from $0.06 to $0.18. For the next year, analysts forecast that the business will report earnings of $0.14 per share, with EPS estimates ranging from ($0.20) to $0.35. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for LSC Communications.
LSC Communications (NYSE:LKSD) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.17). The company had revenue of $834.00 million during the quarter, compared to analyst estimates of $923.57 million. LSC Communications had a negative net margin of 4.07% and a negative return on equity of 0.66%.
A number of research firms have issued reports on LKSD. Zacks Investment Research raised LSC Communications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Buckingham Research reduced their price target on LSC Communications from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. Finally, Wells Fargo & Co lowered LSC Communications from a “market perform” rating to an “underperform” rating in a research report on Wednesday, July 24th.
LKSD stock traded down $0.01 during mid-day trading on Friday, reaching $0.64. The company had a trading volume of 409,578 shares, compared to its average volume of 481,177. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.85 and a current ratio of 1.16. The company has a market capitalization of $22.01 million, a price-to-earnings ratio of 0.52 and a beta of 0.89. The firm has a fifty day simple moving average of $1.08 and a 200 day simple moving average of $2.82. LSC Communications has a fifty-two week low of $0.63 and a fifty-two week high of $10.43.
Hedge funds and other institutional investors have recently modified their holdings of the company. Citadel Advisors LLC bought a new position in LSC Communications during the second quarter worth $40,000. Wedbush Securities Inc. grew its holdings in LSC Communications by 83.3% during the second quarter. Wedbush Securities Inc. now owns 25,520 shares of the company’s stock worth $94,000 after acquiring an additional 11,600 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in LSC Communications by 91.5% during the second quarter. Price T Rowe Associates Inc. MD now owns 34,120 shares of the company’s stock worth $125,000 after acquiring an additional 16,300 shares during the period. Crescent Grove Advisors LLC acquired a new position in LSC Communications during the second quarter worth about $70,000. Finally, Tower Research Capital LLC TRC grew its holdings in LSC Communications by 1,232.0% during the third quarter. Tower Research Capital LLC TRC now owns 21,751 shares of the company’s stock worth $30,000 after acquiring an additional 20,118 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds.
LSC Communications Company Profile
LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products in the United States and internationally. It operates through Magazines, Catalogs and Logistics; Book; Office Products; and Other segments. The Magazines, Catalogs and Logistics segment produces magazines and catalogs, as well as provides logistics solutions to the company and other third parties.
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