LSB Industries (LXU) Misses Q2 EPS by 30c

August 8, 2016 5:00 PM EDT

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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:

Products

Second Half 2016 Sales(tons)

Full Year 2016 Sales(tons)

Agriculture:
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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