Lexmark earnings drop significantly for quarter, year

Scott Sloan writes for Kentucky.com:

"Dragged down by a number of issues including lower printing volumes and the decision last year to end its inkjet operations, Lexmark International reported lower-than-expected fourth-quarter and annual earnings Tuesday.

Analysts had expected quarterly earnings per share of 90 cents excluding one-time items, but under that measure, the company posted profit of 61 cents per share..." [Read more at kentucky.com]