earnings
confidence high
sentiment negative
materiality 0.75
LSB Industries Q3 net loss widens to $25.4M; adj. EBITDA up 90% to $17.5M
LSB INDUSTRIES, INC.
2024-Q3 EPS reported
-$0.14
revenue$387,494,000
- Q3 net sales $109.2M (down 4.5% YoY); net loss $25.4M vs $7.7M loss a year ago.
- Adjusted EBITDA improved to $17.5M from $9.2M; benefited from higher ammonia prices and lower natural gas costs.
- Turnaround at Pryor facility completed; expects incremental 75K tons/yr UAN from debottlenecking.
- Cash from ops $17.1M; capital spend $31.0M; cash $199.4M, debt $487.0M as of Sep 30, 2024.
- Low-carbon projects: El Dorado CCS awaiting EPA Class VI permit; Houston Ship Channel blue ammonia FEED study expected in 2025.