LSB Industries Inc reports results for the quarter ended in December - Earnings Summary

LSB Industries

05/03/2024 23:29

* LSB Industries Inc  LXU.N  reported a quarterly adjusted
loss
of 2 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 83 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 4 cents per share. Wall Street
expected results to range from -3 cents to 10 cents per share.
    * Revenue fell 43.2% to $132.61 million from a year ago;
analysts
expected $127.21 million. 
    * LSB Industries Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The company reported a quarterly loss of $5.35 million.
    * LSB Industries Inc shares had fallen by 22.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 46.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the diversified
chemicals peer group is also "hold"

Wall Street's median 12-month price target for LSB Industries
Inc is $10.00 
This summary was machine generated from LSEG data March 5 at
11:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.04           -0.02          Missed
 Sep. 30 2023      -0.03          -0.06          Missed
 Jun. 30 2023      0.23           0.25           Beat
 Mar. 31 2023      0.25           0.21           Missed