Lexmark Intl. (LXK) Message Board

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Technology Stocks : Lexmark Intl. (LXK)

LXK 40.49

0.0%

Nov 29 4:00 PM EST

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To: Teddy who wrote (13)	1/19/1997 10:15:00 AM
From: Fred Fahmy	of 160

Edward, <<They did say they beat the estimites!>> They never said any such thing. Below is what they said at the release of Q3 earnings. It does make forward looking comments regarding beating estimates for the full-year. But even that was based on the outlook at that time. I guess the fact that they haven't revised this outlook is a good sign. FROM Q3 EARNINGS RELEASE ON WWW.LEXMARK.COM "We are pleased with our performance this quarter, the company's financial position remains strong, and we are well-positioned for future growth," said Mann. "Last year, we had a more favorable IBM supplies distribution agreement, very strong printer shipments, and operating income from the keyboard business contributing to fourth quarter results. Despite the income contributions from those product areas in 1995, we believe we will achieve or possibly exceed those record earnings in the fourth quarter this year. Based on our current outlook, we believe we will exceed the consensus of current analyst estimates of our earnings per share for the full year." FF

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