Company Performance - LSI reported quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.20 per share, and down from $0.20 per share a year ago, representing an earnings surprise of -10% [1] - The company posted revenues of $147.73 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 14.99%, compared to year-ago revenues of $109.01 million [2] - Over the last four quarters, LSI has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Outlook - LSI shares have added about 1.9% since the beginning of the year, underperforming the S&P 500's gain of 3.5% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for stock performance [4] - The current consensus EPS estimate for the coming quarter is $0.21 on revenues of $132.16 million, and for the current fiscal year, it is $0.86 on revenues of $537.54 million [7] Industry Context - The Building Products - Lighting industry, to which LSI belongs, is currently in the top 12% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact LSI's stock performance [5][6]
LSI (LYTS) Lags Q2 Earnings Estimates