Luxfer (LXFR) Set to Announce Quarterly Earnings on Tuesday

Luxfer (NYSE:LXFR) is set to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Luxfer has set its FY 2024 guidance at 0.700-0.850 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Luxfer (NYSE:LXFR) last announced its earnings results on Tuesday, February 27th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $95.90 million during the quarter, compared to analyst estimates of $89.70 million. Luxfer had a positive return on equity of 6.63% and a negative net margin of 0.47%. On average, analysts expect Luxfer to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Luxfer Price Performance

Shares of NYSE:LXFR opened at $9.79 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 2.60 and a debt-to-equity ratio of 0.32. Luxfer has a 12-month low of $7.55 and a 12-month high of $16.58. The business has a fifty day simple moving average of $9.73 and a 200 day simple moving average of $9.11.

Luxfer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 8th. Investors of record on Friday, April 19th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 5.31%. The ex-dividend date is Thursday, April 18th. Luxfer’s dividend payout ratio is currently -649.92%.

About Luxfer

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.