Lsb Industries Inc   (LXU)

Observing the fourth quarter of 2022 results, LXUs' had surge in revenue and Earnings

Lsb Industries Inc announced fourth quarter of 2022 operating profit of $82.683 million

Published Feb 24 2023
Goran Soko / CSIMarket.com Contributer

ShellMartinez-refi_User.Leonard_G_ _[CC-BY-SA-1.0_(http_creativecommons.org_licenses_by-sa_1.0)]_via_Wikimedia_Common Lsb Industries Inc announced astonishing results in the most recent fiscal period, where revenue rose by 22.828 % to $233.65 million and earnings per share advanced by 29.93 % to $0.53 per share, year on year.

Sequentially earnings per share truly advanced by 1668.97 % from $0.03 per share and revenue improved by 26.798 % from $184.27 million.

Net earnings of $65.870 million in the fourth quarter of 2022 earnings season increased by 55.97 % from net earnings of $42.232 million reported in the fourth quarter of 2022 earnings season a year ago. Although operating margin fell to 35.39%, in the fourth quarter of 2022 earnings season, the Chemical Manufacturing company's net margin actually improved to 28.19%.
Operating earnings, on the other hand, improved just 18.65% to $82.683 million. Lsb Industries Inc announced income of $230.35 million and revenue of $901.71 million for the financial year 2022.

The company reported earnings per share of $2.68 compare to $-4.40 in the preceding financial year, while revenue surged by 62.11 % from $556.24 million a year prior.

Lsb Industries Inc is expected to report next financial results on May 03, 2023.

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Lsb Industries Inc's Free Cash Flow Margin


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