LSB Industries, Inc. Reports Operating Results for the 2020 Fourth Quarter
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LSB Industries (LXU) Misses Q4 EPS by 23c, Revenues Beat
February 24, 2021 5:08 PM ESTLSB Industries (NYSE: LXU) reported Q4 EPS of ($1.12), $0.23 worse than the analyst estimate of ($0.89). Revenue for the quarter came in at $88.9 million versus the consensus estimate of $80.7 million.
Fourth Quarter and Full Year 2020 Highlights
Record total recordable injury rate (TRIR) of 1.06 for 2020, an improvement of 58% compared to 2019Net sales of $88.9 million reflects a 31% increase from stronger sales volumes, partially offset by a 11% decrease from weaker pricing relative to the prior year fourth quarterAdjusted EBITDA(1) of $10.4 million reflects a $16.3 million benefit from stronger production and sales volumes, partially offset by a... More