Luxfer Holdings Q2 Adj EPS $0.27 Misses $0.30 Estimate, Sales $110.40M Miss $111.00M Estimate
Portfolio Pulse from vinayak@benzinga.com
Luxfer Holdings (NYSE:LXFR) reported Q2 earnings of $0.27 per share, missing the analyst consensus estimate of $0.30 by 10%. This is a 25% decrease from the same period last year. The company also reported quarterly sales of $110.40 million, missing the analyst consensus estimate of $111.00 million by 0.54%. This is a 0.82% increase from the same period last year.

July 25, 2023 | 8:36 pm
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NEGATIVE IMPACT
Luxfer Holdings reported lower than expected Q2 earnings and sales, which could negatively impact its stock price.
Luxfer Holdings reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in the company's stock price as it indicates potential financial instability or lower profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100