LSB Industries Q1 net sales rise, return to profit

LSB Industries

29/04/2026 21:19

Overview

US fertilizer producer's Q1 net sales rose yr/yr on higher prices and volumes

Q1 net income swung to profit from loss a year earlier

Company cites tight market conditions and supply constraints as drivers of improved results

Outlook

Company says industrial business is strong with positive market conditions and constrained AN supply

Company says fertilizer markets are tight due to the conflicts in the Middle East and pricing remains strong due to global supply disruptions

LSB expects El Dorado CCS project operations to begin in Q4 '26 or Q1 '27

Result Drivers

HIGHER PRICES & VOLUMES - Increased AN and nitric acid prices and volumes drove higher net sales, per company

TIGHT MARKET CONDITIONS - Supply constraints and strong demand in North America led to higher AN selling prices and tight market conditions, according to company

SHIFT IN PRODUCT MIX - Production shifted toward AN due to market conditions, resulting in lower UAN sales volumes and slight impact on ammonia sales as inventory was built ahead of a scheduled turnaround

Company press release: ID:nBwc9bdyqa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$169.49 mln
$167.30 mln (1 Analyst)
Q1 Net Income
$19.69 mln
Q1 Gross Profit
$35.79 mln
Q1 Operating income
$23.16 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified chemicals peer group is "buy."

Wall Street's median 12-month price target for LSB Industries Inc is $15.00, about 1% above its April 28 closing price of $14.85

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)