LSB Industries Inc reports results for the quarter ended in September 30 - Earnings Summary

LSB Industries

30/10/2024 03:03

* LSB Industries Inc  LXU.N  reported quarterly breakeven
results​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -6 cents.  The mean expectation of five analysts for the
quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -21 cents to 5 cents per share.
    * Revenue fell 4.4% to $109.22 million from a year ago;
analysts
expected $95.86 million. 
    * LSB Industries Inc's reported EPS for the quarter was a
loss
of 35 cents​.
    * The company reported a quarterly loss of $25.38 million.
    * LSB Industries Inc shares had risen by 9.2% this
quarter and
lost 5.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 90.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $9.00 
This summary was machine generated from LSEG data October 30 at
03:02 a.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
 Sep. 30 2024      -0.07          0.00           Beat
 Jun. 30 2024      0.11           0.24           Beat
 Mar. 31 2024      0.05           0.13           Beat
 Dec. 31 2023      0.04           -0.02          Missed