Zacks: Brokerages Expect LSC Communications Inc (NYSE:LKSD) to Post $0.15 EPS

Brokerages expect that LSC Communications Inc (NYSE:LKSD) will announce $0.15 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for LSC Communications’ earnings. The highest EPS estimate is $0.16 and the lowest is $0.14. LSC Communications posted earnings per share of $0.12 in the same quarter last year, which would indicate a positive year over year growth rate of 25%. The company is expected to report its next earnings report on Tuesday, February 18th.

On average, 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 fiscal year, analysts anticipate that the company will post earnings of $0.14 per share, with EPS estimates ranging from ($0.20) to $0.35. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for LSC Communications.

LSC Communications (NYSE:LKSD) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.17). The firm had revenue of $834.00 million for the quarter, compared to analysts’ expectations of $923.57 million. LSC Communications had a negative net margin of 4.07% and a negative return on equity of 0.66%.

Several equities analysts have recently issued reports on LKSD shares. Buckingham Research lowered their price target on LSC Communications from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. Zacks Investment Research upgraded LSC Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Wells Fargo & Co downgraded LSC Communications from a “market perform” rating to an “underperform” rating in a report on Wednesday, July 24th.

Shares of LKSD traded down $0.01 during trading hours on Friday, hitting $0.64. The company had a trading volume of 409,578 shares, compared to its average volume of 481,177. The firm has a fifty day moving average price of $1.08 and a 200-day moving average price of $2.82. 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 stock has a market capitalization of $22.01 million, a price-to-earnings ratio of 0.52 and a beta of 0.89. LSC Communications has a 52-week low of $0.63 and a 52-week high of $10.43.

A number of institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC purchased a new position in LSC Communications during the 2nd quarter worth approximately $40,000. Natixis acquired a new stake in shares of LSC Communications in the 2nd quarter worth approximately $334,000. FNY Investment Advisers LLC acquired a new stake in shares of LSC Communications in the 2nd quarter worth approximately $175,000. Adams Asset Advisors LLC grew its holdings in shares of LSC Communications by 16.2% in the 2nd quarter. Adams Asset Advisors LLC now owns 202,586 shares of the company’s stock worth $743,000 after acquiring an additional 28,169 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its holdings in LSC Communications by 91.5% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 34,120 shares of the company’s stock valued at $125,000 after buying an additional 16,300 shares during the last quarter. 69.93% of the stock is currently owned by institutional investors.

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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