Luxfer Holdings plc (LXFR) Misses Q3 EPS by 20c, lowers guidance

Luxfer Holdings plc (NYSE: LXFR) reported Q3 EPS of $0.04, $0.20 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $97.4 million versus the consensus estimate of $103.5 million.

2023 Guidance

Based on performance in the first nine months of 2023 as well as the current outlook for customers and end markets, Luxfer expects fourth quarter 2023 adjusted earnings per share of $0.00 to $0.05 versus the consensus of $0.040. This implies full-year adjusted earnings per share of $0.51 to $0.56 compared to $0.88 to $1.00 previously stated.

For earnings history and earnings-related data on Luxfer Holdings plc (LXFR) click here.

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