Lexmark: Earnings to beat estimates

Printer maker Lexmark said Thursday that it expects fourth-quarter earnings of 88 cents to 90 cents per share, more than the 70 cents to 80 cents per share it had projected in October. The company said sales also were up 5 percent to 6 percent compared with the prior year.

For the current quarter, Lexmark said it expects per-share earnings in the range of 62 cents to 72 cents. That's up from the 53 cents per share reported in the same period a year ago, but below what many analysts were projecting. The company will report full fourth-quarter results Jan. 23.