WASHINGTON (dpa-AFX) - Lexmark International, Inc. (LXK) posted fourth-quarter net earnings of $69.3 million or $0.94 per share versus $87.6 million or $1.10 per share last year. Non-GAAP earnings per share declined to $1.25 from $1.29 in the previous year. Revenue for the quarter was $1.06 billion compared to $1.1 billion a year ago. Analysts polled by Thomson Reuters expected the company to report earnings of $1.16 per share on revenues of $1.06 billion for the quarter. Analysts' estimates typically exclude special items. In the first quarter of 2012, the company currently expects revenue to decline 4 percent to 6 percent year on year. Earnings per share in the first quarter of 2012 are expected to be around $0.76 to $0.86, or $0.98 to $1.08 excluding $0.22 per share for restructuring-related and acquisition-related adjustments. Analysts expect the company to earn $1.13 per share on revenues of $972.43 million for the quarter.
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