LSB Industries (LXU) Misses Q2 EPS by 30c
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.