The Company is a developer, manufacturer and supplier of printing and imaging solutions for offices and homes. Its products include laser printers, inkjet printers, multifunction devices, and associated supplies, services and solutions.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
Wow. This stock price is up big over the last few days. What's up with that?
It seems there's a celebration going on over the recent earnings announcement of better earnings than the company and analysts previously predicted. It's a completely misplaced celebration, however.
Revenues have declined for 5 straight years:
Year : Revenue (in millions)
=============================
2004 : $5,313.8
2005 : $5,221.5
2006 : $5,108.1
2007 : $4,973.9
2008 : $4,528.4
2009 : $3,879.9
EPS have declined for 4 straight years:
Year : EPS
============
2004 : $ 4.28
2005 : $ 2.91
2006 : $ 3.27
2007 : $ 3.14
2008 : $ 2.69
2009 : $ 1.86
The latest figures are simply continuations of the trend that has been in place for a long time. There seems little reason to think this trend will change soon, and therefore little justification for the currently exaggerated stock price.