LSC Communications Inc (NASDAQ:LKSD) issued its quarterly earnings data on Thursday. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.03, Bloomberg Earnings reports. LSC Communications had a return on equity of 7.63% and a net margin of 0.59%. The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $928.67 million. During the same quarter last year, the business posted $1.26 earnings per share. The firm’s revenue was down 1.5% compared to the same quarter last year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.00 dividend on an annualized basis and a yield of 6.36%.

A number of brokerages recently issued reports on LKSD. BidaskClub downgraded LSC Communications from a “sell” rating to a “strong sell” rating in a research report on Thursday. Zacks Investment Research upgraded LSC Communications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Citigroup Inc. downgraded LSC Communications from a “neutral” rating to a “sell” rating in a research report on Friday, September 29th. Finally, J P Morgan Chase & Co assumed coverage on LSC Communications in a research report on Friday, July 21st. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $24.00.

TRADEMARK VIOLATION WARNING: “LSC Communications Inc (LKSD) Posts Earnings Results, Beats Expectations By $0.03 EPS” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://www.watchlistnews.com/lsc-communications-inc-lksd-releases-earnings-results-beats-expectations-by-0-01-eps/1674191.html.

In other LSC Communications news, Director Shivan S. Subramaniam bought 3,500 shares of the firm’s stock in a transaction dated Monday, September 11th. The shares were purchased at an average cost of $16.41 per share, for a total transaction of $57,435.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

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.

Earnings History for LSC Communications (NASDAQ:LKSD)

Receive News & Ratings for LSC Communications Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSC Communications Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.