After second quarter net sales rose from $141million in 2021 to nearly $285 million in 2022, Oklahoma City’s LSB Industries plans to release its third quarter earnings report on Nov. 1, 2022.
The firm plans to release the report after the close of the stock market on that Tuesday.
LSB’s management will host a conference call on Wednesday, November 2, 2022 at 10:00 am ET / 9:00 am CT to discuss these results.
Participating in the call will be President & Chief Executive Officer, Mark Behrman, and Executive Vice President & Chief Financial Officer, Cheryl Maguire.
To coincide with the conference call, LSB will post a slide presentation at www.lsbindustries.com on the webcast section of the Investor Info tab. Following the prepared remarks, there will be a question and answer session.
The second quarter results released in July showed LSB had adjusted EBITDA of $158.1 million compared to $46 million in the second quarter of 2021. Its cash flow from operations were $135.3 million and capital expenditures of $8.2 million.
LSB also announced it planned a feasibility study for a green ammonia project at its operations in Pryor. It’s unknown whether the results of the study will be discussed or revealed in the upcoming third quarter report.