LSB Industries Q3 2024 Adj. EPS $(0.11) Misses $(0.07) Estimate, Sales $109.217M Beat $95.860M Estimate
Portfolio Pulse from Benzinga Newsdesk
LSB Industries reported Q3 2024 earnings with an adjusted EPS of $(0.11), missing the estimate of $(0.07). However, sales were $109.217M, surpassing the $95.860M estimate, despite a 4.44% decrease from last year.
October 29, 2024 | 8:28 pm
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NEUTRAL IMPACT
LSB Industries' Q3 2024 earnings report showed a miss on EPS but a beat on sales. The EPS of $(0.11) was below the expected $(0.07), while sales of $109.217M exceeded the $95.860M estimate, though they were down 4.44% from the previous year.
The miss on EPS could negatively impact investor sentiment, but the sales beat might offset this. The YoY sales decline adds a negative aspect, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100