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It has been said the banking industry is the grease that keeps the business world operating, but for manufacturers of physical products, it is the chemical industry that is the backbone for these manufacturers. Chemical companies' end products range from petrochemicals, industrial gases, synthetic dyes and pigments to many other organic and inorganic chemicals.
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the first quarter ended March 31, 2023 on Tuesday, May 2, 2023 after the close of the stock market. LSB's management will host a conference call on Wednesday, May 3, 2023 at 10:00 am ET / 9:00 am CT to discuss these results.
Investors need to pay close attention to Lsb Industries (LXU) stock based on the movements in the options market lately.
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced that it held an investor day at the New York Stock Exchange on March 14, 2023. Several of the Company's senior executives discussed its strategy for driving multi-year growth in profitability, cash flow and shareholder value.
LXU posted solid FY22 and Q4 FY22 results with a significant increase in revenues and income. The stock is showing bullish signs in the technical chart.
LSB Industries, Inc. (NYSE:LXU ) Q4 2022 Earnings Conference Call February 23, 2023 10:00 AM ET Company Participants Fred Bonacor - Vice President of Investor Relations Mark Behrman - President, Chief Executive Officer & Director Cheryl Maguire - Executive Vice President & Chief Financial Officer Conference Call Participants Adam Samuelson - Goldman Sachs Josh Spector - UBS Andrew Wong - RBC Capital Markets Vincent Anderson - Stifel Charles Neivert - Piper Sandler Rob McGuire - Granite Research Brian DiRubbio - Baird DeForest Hinman - Walthausen & Co. Operator Greetings and welcome to the LSB Industries Fourth Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
LSB (LXU) delivered earnings and revenue surprises of 21.62% and 7.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LSB (LXU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There are Micro and Macro reasons to overweight LSB Industries. Lower debt and fertilizer prices are supportive catalysts for a stock repricing.
LXU has significantly outperformed the S&P 500 in 2022 and with a forward P/E of about 5 is poised to continue its outperformance into 2023. The market demand for nitrogen fertilizer for farming remains strong and leads to higher pricing which further improves revenues and margins for LXU.