LSI Industries (NASDAQ:LYTS) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

LSI Industries (NASDAQ:LYTS) announced its quarterly earnings results on Thursday. The construction company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02), Zacks reports. LSI Industries had a return on equity of 11.71% and a net margin of 4.88%.

LSI Industries Price Performance

Shares of NASDAQ LYTS opened at $19.78 on Thursday. The firm has a market cap of $590.24 million, a P/E ratio of 25.04 and a beta of 0.93. LSI Industries has a twelve month low of $13.35 and a twelve month high of $21.19. The company has a quick ratio of 1.19, a current ratio of 2.08 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average of $19.74 and a 200 day moving average of $17.29.

LSI Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Monday, November 18th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Monday, November 18th. LSI Industries’s payout ratio is 25.32%.

LSI Industries Company Profile

LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.