LSB Industries (LXU) Set to Announce Earnings on Tuesday

LSB Industries (NYSE:LXU) is scheduled to be announcing its earnings results after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

LSB Industries (NYSE:LXU) last released its quarterly earnings data on Wednesday, July 31st. The conglomerate reported $0.13 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.13. LSB Industries had a return on equity of 1.29% and a net margin of 0.40%. The firm had revenue of $140.07 million during the quarter, compared to analyst estimates of $147.09 million. 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 Stock Down 0.8 %

Shares of NYSE LXU opened at $8.66 on Monday. The firm’s fifty day moving average is $8.11 and its 200 day moving average is $8.39. LSB Industries has a 52 week low of $6.74 and a 52 week high of $10.40. The company has a quick ratio of 3.19, a current ratio of 3.41 and a debt-to-equity ratio of 0.92. The company has a market cap of $619.57 million, a price-to-earnings ratio of 36.08, a PEG ratio of 1.68 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LXU shares. UBS Group raised LSB Industries from a “neutral” rating to a “buy” rating and boosted their target price for the company from $9.50 to $11.00 in a research note on Thursday, October 10th. Royal Bank of Canada reissued an “outperform” rating and set a $10.00 price objective on shares of LSB Industries in a research report on Monday, August 12th. Finally, Piper Sandler raised their target price on shares of LSB Industries from $8.80 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $10.25.

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.