LSB Industries Q4 2023 GAAP EPS $(0.07) Misses $0.05 Estimate, Sales $132.61M Beat $127.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
LSB Industries (NYSE:LXU) reported a Q4 2023 GAAP EPS of $(0.07), missing the $0.05 estimate, while sales of $132.61M exceeded the $127.21M estimate. This represents a 43.24% decrease in sales compared to the same period last year.
March 05, 2024 | 9:46 pm
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LSB Industries reported a Q4 2023 GAAP EPS of $(0.07), missing estimates, with sales of $132.61M beating estimates but showing a significant year-over-year decline.
The miss on EPS estimates and the significant year-over-year decline in sales are likely to negatively impact investor sentiment towards LXU in the short term. While the beat on sales estimates might offer some support, the overall negative earnings report and the substantial decrease in sales compared to the previous year are critical factors that could lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100