Wall Street analysts expect LSC Communications Inc (NYSE:LKSD) to report $0.17 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for LSC Communications’ earnings. The highest EPS estimate is $0.20 and the lowest is $0.14. LSC Communications reported earnings of $0.14 per share in the same quarter last year, which indicates a positive year over year growth rate of 21.4%. The business is scheduled 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 financial year, with EPS estimates ranging from $2.30 to $2.83. For the next financial year, analysts expect that the business will post earnings of $2.68 per share, with EPS estimates ranging from $2.45 to $2.99. Zacks Investment Research’s EPS averages 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 issued its quarterly earnings data on Thursday, February 22nd. The company reported $0.50 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.16). The business had revenue of $999.00 million for the quarter, compared to analyst estimates of $947.67 million. LSC Communications had a positive return on equity of 25.28% and a negative net margin of 1.58%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.48 earnings per share.
LSC Communications (NYSE LKSD) traded up $0.31 on Monday, reaching $16.82. The company’s stock had a trading volume of 62,106 shares, compared to its average volume of 315,954. The firm has a market capitalization of $575.29, a P/E ratio of -10.22, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.36 and a quick ratio of 1.05. LSC Communications has a 12-month low of $11.79 and a 12-month high of $26.73.
The company also recently announced a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Thursday, February 15th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 6.18%. This is an increase from LSC Communications’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, February 14th. LSC Communications’s dividend payout ratio is -63.03%.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System lifted its position in LSC Communications by 15.2% in the second quarter. California State Teachers Retirement System now owns 60,107 shares of the company’s stock worth $1,286,000 after purchasing an additional 7,913 shares during the period. The Manufacturers Life Insurance Company lifted its position in LSC Communications by 2,812.4% in the second quarter. The Manufacturers Life Insurance Company now owns 25,862 shares of the company’s stock worth $554,000 after purchasing an additional 24,974 shares during the period. State Street Corp lifted its position in LSC Communications by 34.5% in the second quarter. State Street Corp now owns 838,168 shares of the company’s stock worth $17,941,000 after purchasing an additional 214,943 shares during the period. Voya Investment Management LLC increased its holdings in shares of LSC Communications by 6.8% in the second quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock valued at $317,000 after buying an additional 946 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of LSC Communications by 5.3% in the second quarter. Dimensional Fund Advisors LP now owns 515,900 shares of the company’s stock valued at $11,040,000 after buying an additional 25,792 shares in the last quarter. Hedge funds and other institutional investors own 87.31% of the company’s stock.
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About LSC Communications
LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.
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