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Are Investors Undervaluing LSI Industries (LYTS) Right Now?
ZACKS· 2024-08-23 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...
LSI Industries (LYTS) Q4 Earnings & Net Sales Top Estimates
ZACKS· 2024-08-16 17:25
LSI Industries Inc. (LYTS) reported better-than-expected results in fourth-quarter fiscal 2024 (ended Jun 30), with earnings and net sales surpassing the Zacks Consensus Estimate. The top line increased while the bottom line declined year over year. The top-line performance was backed by the notable contributions from EMI Industries, which was acquired by the company on Apr 18, 2024 and the solid execution of the vertical market strategy. This was partially offset by continued lower demand in the grocery ve ...
LSI(LYTS) - 2024 Q4 - Earnings Call Presentation
2024-08-16 05:25
Fiscal Fourth Quarter And Full-Year 2024 Results Conference Call August 15, 2024 DISCLAIMER This presentation contains "forward-looking statements"—that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In this context, forward-looking statements often address our expected future business, financial performance, financial condition and ...
LSI(LYTS) - 2024 Q4 - Earnings Call Transcript
2024-08-15 21:41
LSI Industries, Inc. (NASDAQ:LYTS) Q4 2024 Earnings Conference Call August 15, 2024 11:00 AM ET Company Participants James Galeese - CFO and EVP James Clark - CEO Conference Call Participants Aaron Spychalla - Craig Hallum Capital Group Amit Dayal - H.C. Wainwright George Gianarikas - Canaccord Genuity Rick Fearon - Accretive Capital Partners Operator Greetings and welcome to LSI Industries' Fiscal 2024 Fourth Quarter Results Conference Call. At this time, all participants are in a listen-only mode. A ques ...
LSI(LYTS) - 2024 Q4 - Annual Results
2024-08-15 11:30
LSI INDUSTRIES REPORTS FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS AND DECLARES QUARTERLY CASH DIVIDEND CINCINNATI, August 15, 2024 – LSI Industries Inc. (Nasdaq: LYTS, "LSI" or the "Company") a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2024 fourth quarter and full year ended June 30, 2024. FISCAL 2024 FOURTH QUARTER ● Net Sales $129.0 million, +4% to prior year ● Net Income $5.7 million, including $1.0 million of acqui ...
Here's What to Expect From LSI Industries' (LYTS) Q4 Earnings
ZACKS· 2024-08-13 19:00
LSI Industries Inc. (LYTS) is scheduled to report results for the fourth quarter of fiscal 2024 on Aug 15, before market open. In the last quarter, earnings and net sales topped the Zacks Consensus Estimate by 12.5% and 2.3%, respectively. Moreover, on a year-over-year basis, the bottom line grew but the top line declined. LYTS' earnings topped the consensus mark in each of the trailing four quarters, the average surprise being 68.9%. Trend in Estimate Revision The Zacks Consensus Estimate for adjusted earn ...
LSI(LYTS) - 2024 Q3 - Quarterly Report
2024-05-06 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024, OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________________ TO ________________. Commission File No. 0-13375 LSI Industries Inc. (Exact name of registrant as specified in its charter) Ohio 31-0888951 (State or oth ...
LSI(LYTS) - 2024 Q3 - Earnings Call Transcript
2024-04-25 19:14
I can't say that anything that's impacted our businesses directly because of that, but it does help to explain some of that longer conversion cycle we talked about as customers go to launch a new project and they go and check on the realities of equipment and product delivery and that type of thing. I do think it helps to explain why we have that lengthening quote to conversion ratio. It's just to accommodate all of these extended lead times and some of these products. James Clark Thank you. And we have rea ...
LSI (LYTS) Beats Q3 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-25 13:20
LSI (LYTS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this lighting and LED display company would post earnings of $0.07 per share when it actually produced earnings of $0.20, delivering a surprise of 185.71%.Over the last four quarters ...
LSI(LYTS) - 2024 Q3 - Quarterly Results
2024-04-25 12:30
Exhibit 99.1 LSI INDUSTRIES REPORTS FISCAL 2024 THIRD QUARTER RESULTS AND DECLARES QUARTERLY CASH DIVIDEND CINCINNATI, April 25, 2024 – LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 third quarter ended March 31, 2024. FISCAL 2024 THIRD QUARTER RESULTS ● Net Sales of $108.2 million ● Net Income of $5.4 million, or $0.18 per diluted share ● Adjusted Net Income of $6 ...