LSB Industries, Inc. Reports Operating Results for the 2019 Fourth Quarter
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LSB Industries (LXU) Misses Q4 EPS by 33c, Revenues Miss
February 24, 2020 4:33 PM ESTLSB Industries (NYSE: LXU) reported Q4 EPS of ($1.30), $0.33 worse than the analyst estimate of ($0.97). Revenue for the quarter came in at $73.9 million versus the consensus estimate of $79.71 million.
Fourth Quarter Summary
Net sales of $73.9 million for the fourth quarter of 2019, compared to $94.7 million for the fourth quarter of 2018.Net loss of $27.7 million for the fourth quarter of 2019 (or $18.0 million adjusted for non-cash write-down), compared to $13.0 million for the fourth quarter of 2018.Adjusted EBITDA(1) of $7.2 million for the fourth quarter of 2019, compared to $25.1 million for the fourth quarter of 2018 which include... More