earnings
confidence high
sentiment negative
materiality 0.65
LSB Industries Q2 net sales $140M (-16% YoY), EPS $0.13 vs $0.33
LSB INDUSTRIES, INC.
2024-Q2 EPS reported
$0.21
revenue$278,277,000
- Net income $10M ($0.13 diluted EPS) vs $25M ($0.33) in Q2 2023; Adjusted EBITDA $41M vs $47M.
- Sales down across AN/nitric acid (-16%) and ammonia (-28%); UAN sales up 5% YoY.
- Repurchased 0.8M shares in Q2 (1.5M YTD) and $64M principal of Senior Secured Notes.
- Signed five-year low-carbon ammonium nitrate solution supply agreement with Freeport Minerals.
- Natural gas input cost fell 53% to $1.70/MMBtu; total debt ~$486M, cash ~$216M as of June 30.