*NEWS*FINANCIAL BALL GAZING: IKON/2004-10-17

  • toner-news-big-banner-nov-8
  • big-banner-ad_2-sean
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • 2toner1-2
  • Print
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • futor_902x177v7-tonernew
  • facebook-tonernews-12-08-2016
  • 161213_banner_futorag_902x177px
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • 4toner4
  • 536716a_green_sweep_web_banner_902x17712
Share

*NEWS*FINANCIAL BALL GAZING: IKON/2004-10-17

 user 2013-06-24 at 4:05:42 am Views: 127
  • #2250

     
    Financial Ball Gazing: IKON

    Analysts at Lehman Brothers maintain their "equal weight" rating on IKON Office Solutions (IKN.NYS), while reducing their estimates for the company.

    In A research note published this morning, the analysts mention that the company's 4Q04 earnings are expected to be negatively impacted by a lower contribution from Post sales. IKON Office Solutions' Post sales for the quarter are expected to be flat or moderately lower on a y/y basis, the analysts add. The company's equipment sales are expected to decline 1% y/y, Lehman Brothers adds. The EPS estimate for 4Q04 has been reduced from $0.17 to $0.15.







    * Post was edited: 2004-10-17 10:08:00