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LSB Industries Q2 Profit Declines

LSB Industries, Inc. (LXU) reported second-quarter net income applicable to common stock of $26.0 million or $1.11 per share, down from $28.6 million or $1.22 per share in the comparable quarter last year.

On average, 2 analysts polled by Thomson Reuters expected the company to earn $0.91 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the latest quarter declined to $209.3 million from $235.6 million last year.

by RTTNews Staff Writer

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