LSB Industries (LXU) Set to Announce Earnings on Monday

LSB Industries (NYSE:LXU) will be posting its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect LSB Industries to post earnings of $0.10 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

LSB Industries (NYSE:LXU) last released its quarterly earnings results on Tuesday, March 5th. The conglomerate reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.13). The firm 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 Trading Up 1.0 %

NYSE:LXU opened at $8.21 on Friday. The stock’s 50 day moving average price is $7.94 and its 200 day moving average price is $8.44. The company has a market capitalization of $599.33 million, a PE ratio of 21.97 and a beta of 1.10. The company has a quick ratio of 3.45, a current ratio of 3.68 and a debt-to-equity ratio of 1.11. LSB Industries has a 52-week low of $6.74 and a 52-week high of $11.69.

Insider Buying and Selling at LSB Industries

In other LSB Industries news, EVP John Burns sold 33,243 shares of LSB Industries 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 directly owns 164,529 shares in the company, valued at approximately $1,357,364.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 4.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LXU shares. UBS Group dropped their price target on LSB Industries from $9.00 to $7.75 and set a “neutral” rating on the stock in a research note on Wednesday, March 6th. Piper Sandler downgraded LSB Industries from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $11.50 to $8.00 in a research note on Thursday, February 29th.

LSB Industries Company Profile

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.