LSB Industries (NYSE: LXU) recently reported its fourth-quarter earnings results, and the numbers were not what investors were hoping for. The company missed estimated earnings by a significant margin, reporting an EPS of $-0.07 compared to an estimate of $0.04. Additionally, revenue was down $101.04 million from the same period last year.
This disappointing performance follows a pattern for LSB Industries, as the company has had mixed results in recent quarters. Last quarter, the company beat on EPS by $0.02, but this was followed by a 2.0% drop in the share price the next day.
Looking back at LSB Industries’ past performance, we can see a fluctuation in earnings and revenue numbers over the past few quarters. In the third quarter of 2023, the company reported an EPS estimate of -0.12 and an actual EPS of -0.10, with revenue estimates of $110.20 million and actual revenue of $114.29 million. In the second quarter of 2023, the company beat estimates with an actual EPS of 0.25 and revenue of 165.84 million.
Investors and analysts will be closely monitoring LSB Industries’ future performance to see if the company can turn things around and deliver better results in the coming quarters. To track all earnings releases for LSB Industries, investors can visit their earnings calendar on Benzinga’s website.
It’s important for investors to remember that past performance is not necessarily indicative of future results, and it’s always wise to conduct thorough research and analysis before making investment decisions. This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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