LSI Industries (LYTS) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
LSI Industries (NASDAQ:LYTS) issued its quarterly earnings data on Thursday. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.06, StockRatingsNetwork reports. The company had revenue of $69.00 million for the quarter, compared to the consensus estimate of $72.11 million. During the same quarter in the prior year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis.
LSI Industries (NASDAQ:LYTS) traded up 1.23% on Thursday, hitting $8.25. The stock had a trading volume of 3,628 shares. LSI Industries has a one year low of $6.65 and a one year high of $9.67. The stock has a 50-day moving average of $8.24 and a 200-day moving average of $8.54. The company has a market cap of $198.6 million and a P/E ratio of 62.69.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, May 13th. Investors of record on Tuesday, May 6th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 2.94%.
LSI Industries Inc is a provider of corporate visual image solutions through the combination of screen and digital graphics capabilities, a variety of indoor and outdoor lighting products, lighting control systems, and related professional services.
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