Wall Street brokerages expect LSC Communications Inc (NYSE:LKSD) to report ($0.28) earnings per share for the current quarter, Zacks reports. Two analysts have issued estimates for LSC Communications’ earnings. LSC Communications reported earnings per share of $0.12 during the same quarter last year, which would indicate a negative year over year growth rate of 333.3%. The company is scheduled to report its next quarterly earnings report on Tuesday, February 18th.
According to Zacks, analysts expect that LSC Communications will report full year earnings of ($0.43) per share for the current financial year. For the next year, analysts anticipate that the business will report earnings of ($3.38) per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow LSC Communications.
LSC Communications (NYSE:LKSD) last announced its earnings results on Thursday, November 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.17). LSC Communications had a negative net margin of 4.07% and a negative return on equity of 0.66%. The firm had revenue of $834.00 million during the quarter, compared to analyst estimates of $923.57 million.
Separately, Zacks Investment Research raised LSC Communications from a “strong sell” rating to a “hold” rating in a research report on Thursday.
Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its position in shares of LSC Communications by 1,232.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 21,751 shares of the company’s stock valued at $30,000 after buying an additional 20,118 shares during the last quarter. Meeder Asset Management Inc. raised its position in LSC Communications by 473.0% during the third quarter. Meeder Asset Management Inc. now owns 25,718 shares of the company’s stock valued at $36,000 after purchasing an additional 21,230 shares in the last quarter. Citadel Advisors LLC purchased a new stake in LSC Communications during the second quarter valued at about $40,000. Wedbush Securities Inc. raised its position in LSC Communications by 59.4% during the third quarter. Wedbush Securities Inc. now owns 40,680 shares of the company’s stock valued at $56,000 after purchasing an additional 15,160 shares in the last quarter. Finally, Stifel Financial Corp purchased a new stake in LSC Communications during the third quarter valued at about $70,000. 57.15% of the stock is currently owned by hedge funds and other institutional investors.
LSC Communications stock traded down $0.01 during midday trading on Friday, reaching $0.27. The stock had a trading volume of 329,772 shares, compared to its average volume of 1,096,400. The firm’s fifty day simple moving average is $0.35 and its 200-day simple moving average is $1.13. LSC Communications has a 1-year low of $0.17 and a 1-year high of $9.71. The stock has a market capitalization of $9.05 million, a P/E ratio of 0.22 and a beta of 0.44. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.85 and a current ratio of 1.16.
About LSC Communications
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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