LSB Industries, Inc. Reports Improved Operating Results for the 2018 Fourth Quarter
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LSB Industries (LXU) Reports Q4 Loss of $0.75, Revenues Beat
February 26, 2019 4:44 PM ESTLSB Industries (NYSE: LXU) reported Q4 EPS of ($0.75), versus ($0.26) reported last year. Revenue for the quarter came in at $94.73 million versus the consensus estimate of $79.78 million.
Net sales of $94.7 million for the fourth quarter of 2018, compared to adjusted net sales(1) of $72.3 million for the fourth quarter of 2017 ($88.9 million was originally reported for the fourth quarter of 2017, which excludes $16.6 million for the comparative impact to revenue from new revenue recognition standards adopted in 2018 primarily related to the Baytown facility, that are not reflected in prior year financials).Net loss from continuing operations... More