LSB Industries Q2 2024 GAAP EPS $0.13 Beats $0.11 Estimate, Sales $140.073M Miss $148.516M Estimate
Portfolio Pulse from Benzinga Newsdesk
LSB Industries (NYSE:LXU) reported Q2 2024 earnings per share (EPS) of $0.13, beating the analyst consensus estimate of $0.11 by 18.18%. However, the company's sales of $140.073 million missed the analyst consensus estimate of $148.516 million by 5.68%, representing a 15.54% decrease from the same period last year.
July 31, 2024 | 9:23 pm
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LSB Industries (NYSE:LXU) reported Q2 2024 EPS of $0.13, beating estimates by 18.18%. However, sales of $140.073 million missed estimates by 5.68% and were down 15.54% year-over-year.
The positive EPS surprise is offset by the sales miss and significant year-over-year decline in revenue. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100