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Lexmark International Inc. Message Board

  • deanmortensen deanmortensen Apr 8, 2013 2:52 PM Flag

    Lexmark's 4Q 2012 Earnings Miss...

    ...was the result of several factors, including its inability to take R&D credits in 4Q because Congress didn't resolve the fiscal cliff issue until January 2013, when Congress reinstated the R&D credits. I expect Lexmark to be able to take the R&D credit for 1Q 2013, and it may be also able to take the credits it couldn't take in 4Q 2012, which should boost 1Q results.

    Sentiment: Strong Buy

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