NYSE:LXUChemicals
LSB Industries (LXU) Stock Grapples With A Sharp Profit Reset
The market gave LSB Industries a small shrug. The stock slipped about 1.5% to US$10.88, even though the headline from this quarter is not about collapse but about a sharp profit squeeze. After a profitable Q1, LSB reported a basic loss per share of US$0.09 and a swing to a net loss of US$6.2m on roughly flat revenue near US$168m.
That disconnect is the story. Price action hints at mild disappointment. The earnings print points to a much harsher reset in margins that investors now need to...