LSB to Implement Strategic, Operational and Corporate Governance Enhancements
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LSB Industries (LXU) Misses Q2 EPS Views; Strategic Committee Submits Strategy, Governance Recommendations
August 7, 2015 6:35 AM EDTLSB Industries (NYSE: LXU) reported Q2 EPS of $0.02, $0.35 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $182.7 million versus the consensus estimate of $196 million.
LSB also announced that the Strategic Committee of the LSB Board of Directors (the Strategic Committee), comprised of entirely independent directors, presented the Board of Directors with a report and certain recommendations on July 30, 2015 following an evaluation of the Companys business strategy, corporate governance structure, related party transactions and other governance practices of the Company.
Lance Benham, Chairman of the Strategic Committee, said,... More
