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LSB (LXU) Reports Q3 Loss, Tops Revenue Estimates
LXULSB Industries(LXU) ZACKS·2024-10-29 22:41

Company Performance - LSB (LXU) reported a quarterly loss of 0.11pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.11 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.09, and compared to a loss of 0.07pershareayearago,indicatinganearningssurpriseof−22.220.07 per share a year ago, indicating an earnings surprise of -22.22% [1] - The company posted revenues of 109.22 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 25.27%, although this was a decrease from year-ago revenues of 114.29million[2]−Overthelastfourquarters,LSBhassurpassedconsensusEPSestimatesjustonce,buthastoppedconsensusrevenueestimatesthreetimes[2]StockOutlook−LSBshareshaveunderperformedthemarket,losingabout5.7114.29 million [2] - Over the last four quarters, LSB has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates three times [2] Stock Outlook - LSB shares have underperformed the market, losing about 5.7% since the beginning of the year, while the S&P 500 has gained 22.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is 0.11 on revenues of 123.72million,and123.72 million, and 0.22 on revenues of $509.7 million for the current fiscal year [7] Industry Context - The Zacks Industry Rank indicates that the Diversified Operations industry is currently in the top 26% of over 250 Zacks industries, suggesting a favorable environment for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]