Lsb Industries Inc. (NYSE:LXU) posted its quarterly earnings results on Tuesday. The conglomerate reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.26, Briefing.com reports. Lsb Industries had a net margin of 30.36% and a negative return on equity of 3.66%. The business had revenue of $122.90 million during the quarter, compared to the consensus estimate of $138.21 million. During the same quarter in the prior year, the firm posted ($0.73) EPS. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year.

Lsb Industries (LXU) traded down 27.19% on Wednesday, hitting $7.74. 2,190,619 shares of the company traded hands. Lsb Industries has a 12 month low of $4.52 and a 12 month high of $12.84. The stock’s 50-day moving average is $10.52 and its 200 day moving average is $9.29. The firm has a market capitalization of $219.85 million, a P/E ratio of 2.70 and a beta of 4.61.

Hedge funds have recently modified their holdings of the stock. Arizona State Retirement System boosted its stake in shares of Lsb Industries by 2.9% in the first quarter. Arizona State Retirement System now owns 10,620 shares of the conglomerate’s stock valued at $100,000 after buying an additional 300 shares during the period. Thrivent Financial For Lutherans boosted its stake in shares of Lsb Industries by 6.4% in the first quarter. Thrivent Financial For Lutherans now owns 11,470 shares of the conglomerate’s stock valued at $108,000 after buying an additional 690 shares during the period. KCG Holdings Inc. purchased a new stake in shares of Lsb Industries during the first quarter valued at $125,000. Texas Permanent School Fund boosted its stake in shares of Lsb Industries by 1.0% in the first quarter. Texas Permanent School Fund now owns 14,808 shares of the conglomerate’s stock valued at $139,000 after buying an additional 150 shares during the period. Finally, State of Tennessee Treasury Department boosted its stake in shares of Lsb Industries by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 18,334 shares of the conglomerate’s stock valued at $172,000 after buying an additional 2,767 shares during the period. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

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LXU has been the subject of several recent research reports. Zacks Investment Research lowered shares of Lsb Industries from a “buy” rating to a “sell” rating in a report on Monday, April 17th. ValuEngine lowered shares of Lsb Industries from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 24th.

About Lsb Industries

LSB Industries, Inc is a holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of chemical products. The Company operates through chemical business segment. It is a manufacturer and distributor of nitrogen fertilizer and other nitrogen products in North America.

Earnings History for Lsb Industries (NYSE:LXU)

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