LSB Industries (LXU) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
LSB Industries (NYSE:LXU) announced its earnings results on Wednesday. The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.03, Analyst Ratings Network reports. The company had revenue of $178.53 million for the quarter, compared to the consensus estimate of $144.89 million. During the same quarter last year, the company posted ($0.02) earnings per share. LSB Industries’s revenue was up 18.5% compared to the same quarter last year.
LSB Industries (NYSE:LXU) traded up 2.31% on Wednesday, hitting $38.58. The stock had a trading volume of 124,228 shares. LSB Industries has a one year low of $29.39 and a one year high of $42.06. The stock has a 50-day moving average of $37.32 and a 200-day moving average of $35.13. The company has a market cap of $869.4 million and a price-to-earnings ratio of 16.19.
LSB Industries, Inc is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries.
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