Luxfer Holdings plc (LXFR) Tops Q1 EPS by 4c, Updates Guidance

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 Luxfer Announces First Quarter 2022 Financial Results

April 25, 2022 5:00 PM EDT

First Quarter 2022 Highlights (all historical comparisons year-over-year; results exclude discontinued operations)

Net sales of $97.0 million increased $11.8 million or 13.8%, driven by SCI acquisition and inflation GAAP diluted EPS from continuing operations of $0.28 decreased $0.03 Adjusted EPS of $0.33 decreased $0.06, as supply constraints negatively impacted volumes and costs Adjusted EBITDA of $16.1 million decreased $1.6 million or 9.0% Improving 2022 adjusted diluted EPS guidance range to $1.35 to $1.50, compared to previous guidance of $1.30 to $1.50

 

MILWAUKEE--(BUSINESS WIRE)-- Luxfer Holdings PLC (NYSE: LXFR) (Luxfer or the Company), a global industrial company innovating niche... More