Brokerages expect that LSC Communications Inc (NYSE:LKSD) will report ($0.02) earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for LSC Communications’ earnings. LSC Communications reported earnings per share of $0.74 during the same quarter last year, which indicates a negative year over year growth rate of 102.7%. The business is scheduled to report its next earnings report on Wednesday, October 30th.

On average, analysts expect that LSC Communications will report full year earnings of $0.06 per share for the current year. For the next fiscal year, analysts anticipate that the business will report earnings of ($0.20) per share. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow LSC Communications.

LSC Communications (NYSE:LKSD) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.28). The firm had revenue of $869.00 million during the quarter, compared to analyst estimates of $872.18 million. LSC Communications had a negative net margin of 4.63% and a positive return on equity of 15.39%.

A number of analysts have commented on LKSD shares. Zacks Investment Research cut shares of LSC Communications from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 7th. Wells Fargo & Co cut shares of LSC Communications from a “market perform” rating to an “underperform” rating in a research note on Wednesday, July 24th. ValuEngine cut shares of LSC Communications from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 2nd. Finally, Buckingham Research cut their price target on shares of LSC Communications from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $8.75.

In other news, Director Judith H. Hamilton purchased 50,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was purchased at an average price of $1.08 per share, for a total transaction of $54,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.58% of the company’s stock.

A number of hedge funds have recently made changes to their positions in LKSD. Quantamental Technologies LLC bought a new position in shares of LSC Communications in the first quarter valued at about $48,000. BNP Paribas Arbitrage SA boosted its position in LSC Communications by 75.3% in the first quarter. BNP Paribas Arbitrage SA now owns 9,229 shares of the company’s stock worth $60,000 after purchasing an additional 3,963 shares during the last quarter. Citadel Advisors LLC purchased a new position in LSC Communications in the second quarter worth about $40,000. Everence Capital Management Inc. purchased a new position in LSC Communications in the first quarter worth about $91,000. Finally, Crescent Grove Advisors LLC purchased a new position in LSC Communications in the second quarter worth about $70,000. Hedge funds and other institutional investors own 77.49% of the company’s stock.

LKSD stock traded down $0.02 during trading hours on Monday, reaching $1.41. The stock had a trading volume of 282,864 shares, compared to its average volume of 596,982. The stock has a market capitalization of $46.63 million, a PE ratio of 1.15 and a beta of 0.93. The company has a debt-to-equity ratio of 6.25, a current ratio of 1.11 and a quick ratio of 0.83. The stock has a 50-day simple moving average of $1.25 and a 200 day simple moving average of $4.72. LSC Communications has a fifty-two week low of $0.85 and a fifty-two week high of $12.70.

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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