LSB Industries (LXU) Misses Q4 EPS by 23c, Revenues Beat
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LSB Industries, Inc. Reports Operating Results for the 2020 Fourth Quarter
February 24, 2021 4:05 PM ESTOKLAHOMA CITY--(BUSINESS WIRE)-- LSB Industries, Inc. (NYSE: LXU) (LSB or the Company) today announced results for the fourth quarter ended December 31, 2020.
Fourth Quarter and Full Year 2020 Highlights
Record total recordable injury rate (TRIR) of 1.06 for 2020, an improvement of 58% compared to 2019 Net 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 quarter Adjusted EBITDA(1) of $10.4 million reflects a $16.3 million benefit from stronger production and sales volumes, partially offset by a $9.6... More