LSB Industries, Inc. Reports Operating Results for the 2019 First Quarter

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LSB Industries (LXU) Reports Q1 Loss of $0.69, Revenues Beat

April 30, 2019 5:01 PM EDT

LSB Industries (NYSE: LXU) reported Q1 EPS of ($0.69), versus ($0.49) reported last year. Revenue for the quarter came in at $94.2 million versus the consensus estimate of $79.78 million.

Net sales of $94.2 million for the first quarter of 2019, compared to net sales of $100.5 million for the first quarter of 2018.Net loss from continuing operations of $11.5 million for the first quarter of 2019, compared to net loss from continuing operations of $5.6 million for the first quarter of 2018.Adjusted EBITDA(1) of $18.1 million for the first quarter of 2019, compared to $23.1 million for the first quarter of 2018 ($21.7 million was... More