Luxfer Holdings Q2 2024 Adj. EPS $0.24, Inline, Sales $99.700M Inline
Portfolio Pulse from Benzinga Newsdesk
Luxfer Holdings (NYSE:LXFR) reported Q2 2024 earnings per share of $0.24, meeting analyst expectations but showing an 11.11% decrease from the previous year. Quarterly sales were $99.7 million, also meeting estimates but down 9.69% year-over-year.
July 30, 2024 | 9:34 pm
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Luxfer Holdings reported Q2 2024 earnings per share of $0.24 and sales of $99.7 million, both meeting analyst expectations but showing declines from the previous year.
The earnings and sales figures met analyst expectations, which is neutral news. However, the year-over-year declines in both earnings per share and sales could be a concern for investors, balancing the overall impact to neutral.
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IMPORTANCE 70
RELEVANCE 100