LSB Industries (NYSE: LXU ) is expected to report Q3 earnings on Nov. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict LSB Industries's revenues will decrease -0.8% and EPS will expand 137.0%.
The average estimate for revenue is $175.3 million. On the bottom line, the average EPS estimate is $0.64.
Last quarter, LSB Industries booked revenue of $209.3 million. GAAP reported sales were 11% lower than the prior-year quarter's $235.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.11. GAAP EPS of $1.11 for Q2 were 9.0% lower than the prior-year quarter's $1.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 31.4%, 450 basis points better than the prior-year quarter. Operating margin was 20.5%, 330 basis points better than the prior-year quarter. Net margin was 12.4%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $759.8 million. The average EPS estimate is $3.08.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 564 members out of 584 rating the stock outperform, and 20 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 129 give LSB Industries a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LSB Industries is buy, with an average price target of $42.67.
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