Lexmark International announced a few days ago that it expects a fourth-quarter 2002 year-over-year revenue growth rate of 5% to 6% and earnings per share of 88c to 90c, which includes a 3c benefit from the reversal of previously accrued restructuring charges.
On 21 October 2002, the company provided guidance for a year-over-year revenue growth rate in the low- to mid-single digits, and earnings per share in the range of 70c to 80c.
For the first quarter of 2003, the company expects earnings per share to be in the range of 62c to 72c, compared to the 53c per share reported in the same period a year ago.
The company will have no further comment on its fourth-quarter results or first-quarter guidance until its scheduled earnings announcement on Thursday, 23 January 2003
For further information, please contact Cathy Steyn at telephone (011) 329 0999; fax (011) 792 7449; e-mail cathryn.steyn@lexmark.co.za
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Lexmark International, Inc is a leading developer, manufacturer and supplier of printing solutions - including laser and inkjet printers, associated supplies and services - for offices and homes in more than 150 countries. Founded in 1991, Lexmark reported more than $4.1 billion of revenue in 2001, and can be found on the Internet at www.lexmark.com.
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