LSI Industries (NASDAQ:LYTS) Issues Earnings Results

LSI Industries (NASDAQ:LYTS) announced its quarterly earnings results on Wednesday. The construction company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04, Fidelity Earnings reports. The firm had revenue of $88.70 million during the quarter, compared to analysts’ expectations of $85.00 million. LSI Industries had a negative net margin of 4.97% and a positive return on equity of 0.78%.

Shares of LYTS traded down $0.12 during trading hours on Friday, hitting $5.42. The company had a trading volume of 56,100 shares, compared to its average volume of 70,153. The firm has a market cap of $136.86 million, a price-to-earnings ratio of 135.50, a PEG ratio of 0.84 and a beta of 1.34. The business has a fifty day moving average of $5.15 and a 200-day moving average of $4.19. LSI Industries has a 12 month low of $2.48 and a 12 month high of $5.68. The company has a quick ratio of 1.69, a current ratio of 2.78 and a debt-to-equity ratio of 0.33.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Monday, November 18th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Friday, November 15th. LSI Industries’s payout ratio is presently 500.00%.

A number of brokerages have commented on LYTS. ValuEngine upgraded shares of LSI Industries from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Zacks Investment Research raised shares of LSI Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 24th.

About LSI Industries

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

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Earnings History for LSI Industries (NASDAQ:LYTS)

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