LSB Industries (NYSE:LXU) released its earnings results on Monday. The conglomerate reported ($1.30) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.97) by ($0.33), Fidelity Earnings reports. LSB Industries had a negative net margin of 17.37% and a negative return on equity of 17.25%. The company had revenue of $73.90 million for the quarter, compared to the consensus estimate of $79.71 million.
Shares of NYSE:LXU opened at $1.93 on Wednesday. The company has a market capitalization of $65.91 million, a price-to-earnings ratio of -0.56 and a beta of 4.40. LSB Industries has a 12 month low of $1.88 and a 12 month high of $7.50. The firm’s 50-day moving average is $3.25 and its 200 day moving average is $4.29. The company has a current ratio of 1.52, a quick ratio of 1.32 and a debt-to-equity ratio of 1.60.
LXU has been the subject of a number of analyst reports. ValuEngine downgraded LSB Industries from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 5th. Zacks Investment Research cut shares of LSB Industries from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th.
LSB Industries, Inc manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.
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