LSB Industries (LXU) Misses Q2 EPS by 30c
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LSB Industries (NYSE: LXU) reported Q2 EPS of ($0.73), $0.30 worse than the analyst estimate of ($0.43). Revenue for the quarter came in at $109.98 million versus the consensus estimate of $176.73 million.
Revised Volume Outlook
The Company’s revised outlook for our sales volumes for the second half and full year of 2016 are as follows:
Second Half 2016 Sales(tons)
Full Year 2016 Sales(tons)
|UAN||220,000 – 230,000||435,000 – 445,000|
|HDAN||70,000 – 80,000||210,000 – 220,000|
|Ammonia||40,000 – 50,000||110,000 – 120,000|
|Industrial, Mining and Other:|
|Nitric acid||275,000 – 290,000||525,000 – 540,000|
|LDAN/HDAN||45,000 – 55,000||75,000 – 85,000|
|AN Solution||22,000 – 27,000||68,000 – 73,000|
|Ammonia||110,000 – 120,000||135,000 – 145,000|
For earnings history and earnings-related data on LSB Industries (LXU) click here.
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