Lsb Industries Inc. (NYSE:LXU) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LXU to report 3Q20 loss of $ 0.96 per share.
For the full year, analysts anticipate top line of $ 357.66 million, while looking forward to loss of $ 2.76 per share bottom line.
Previous Quarter Performance
Lsb Industries Inc. communicated loss for the second quarter of $ 0.34 per share, from the revenue of $ 105.03 million. According to street consensus, LXU was expected to report 2Q20 loss of $ 0.48 per share from revenue of $ 91.44 million. The bottom line results beat street analysts by $ 0.14 or 29.17 percent, at the same time, top line results outshined analysts by $ 13.59 million or 14.86 percent.
Stock Performance
Shares of Lsb Industries Inc. traded low $ -0.11 or -4.98 percent on Wednesday, reaching $ 2.10 with volume of 122.20 thousand shares. Lsb Industries Inc. has traded high as $ 2.21 and has cracked $ 2.08 on the downward trend
The closing price of $ 2.10, representing a 121.00 % increase from the 52 week low of $ 1.00 and a 57 % decrease over the 52 week high of $ 5.14.
The company has a market capital of $ 61.57 million and is part of the Basic Materials sector and Chemicals industry.
LSB Industries, Inc. manufactures and sells chemical products for the agricultural, mining, and industrial markets in the United States. It provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.
