Luxfer Holdings PLC Announces 2020 First Quarter Financial Results; Provides COVID-19 Update and Withdraws 2020 Financial Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
Go back to Luxfer Holdings PLC Announces 2020 First Quarter Financial Results; Provides COVID-19 Update and Withdraws 2020 Financial Guidance
April 27, 2020 4:34 PM EDT
Luxfer Holdings plc (NYSE: LXFR) reported Q1 EPS of $0.30, $0.04 better than the analyst estimate of $0.26. Revenue for the quarter came in at $103.8 million versus the consensus estimate of $101.7 million.
First Quarter 2020 Summary
(based on year-over-year comparisons unless otherwise noted)
Net sales of $103.8 million decreased 13.8%, including a 1.1% unfavorable impact from currency and a 3.7% decrease due to the divestiture of the Czech recycling operationsGAAP net income of $6.2 million, including $2.8 million in restructuring and exceptional expenses, improved from a net loss of ($3.8) million; adjusted net income of $8.4 million decreased 25.0%GAAP EPS of $0.22, improved from...
More
