earnings
confidence high
sentiment negative
materiality 0.60
LSB Industries Q1 net sales $138M, down 24% YoY; EPS $0.08 vs $0.21
LSB INDUSTRIES, INC.
2024-Q1 EPS reported
$0.08
revenue$138,204,000
- Net income $6M, down from $16M in Q1 2023; diluted EPS $0.08 vs $0.21.
- Adjusted EBITDA $33M vs $51M in prior-year quarter, down ~35%.
- Repurchased 0.7M shares in Q1; bought back $33M face value of senior notes.
- Sales volumes rose 10% but average selling prices fell 23-43% across products.
- Natural gas input cost $2.33/MMBtu (used in production), down 59% YoY.