LSB Industries (LXU) Set to Announce Quarterly Earnings on Monday

LSB Industries (NYSE:LXU) will be issuing its quarterly earnings data after the market closes on Monday, April 29th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

LSB Industries (NYSE:LXU) last posted its earnings results on Tuesday, March 5th. The conglomerate reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.13). The business had revenue of $132.61 million for the quarter, compared to analysts’ expectations of $127.62 million. LSB Industries had a return on equity of 4.91% and a net margin of 4.70%. On average, analysts expect LSB Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LSB Industries Price Performance

LXU stock opened at $8.21 on Friday. The business has a 50 day moving average price of $7.94 and a 200 day moving average price of $8.43. The stock has a market cap of $599.30 million, a price-to-earnings ratio of 22.19 and a beta of 1.10. LSB Industries has a fifty-two week low of $6.74 and a fifty-two week high of $11.69. The company has a quick ratio of 3.45, a current ratio of 3.68 and a debt-to-equity ratio of 1.11.

Wall Street Analyst Weigh In

LXU has been the subject of several recent analyst reports. Piper Sandler cut LSB Industries from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $11.50 to $8.00 in a research note on Thursday, February 29th. UBS Group cut their price target on LSB Industries from $9.00 to $7.75 and set a “neutral” rating on the stock in a research report on Wednesday, March 6th.

Insiders Place Their Bets

In other news, EVP John Burns sold 33,243 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $8.25, for a total value of $274,254.75. Following the transaction, the executive vice president now owns 164,529 shares of the company’s stock, valued at $1,357,364.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 4.70% of the stock is currently owned by corporate insiders.

About LSB Industries

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.