LSB Industries Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

LSB Industries (NYSE:LXU) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$109.2m (down 4.4% from 3Q 2023).
• Net loss: US$25.4m (loss widened by 229% from 3Q 2023).
• US$0.35 loss per share (further deteriorated from US$0.10 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LSB Industries Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are down 6.7% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of LSB Industries' balance sheet and an in-depth analysis of the company's financial position.

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