Will chemical firm LSB Industries see stronger results in coming 1Q?

  • April 15, 2025

 

The first quarter results for Oklahoma City’s LSB Industries, Inc. will be made public after the close of the stock market on Tuesday, April 29.

Investors no doubt are asking—will things improve? LSB finished Tuesday’s trading this week with a 13 cent or 2.42% fall to $5.24 per share.

The company announced its management team will also hold a conference call the following morning, Wednesday, April 30 at 9 o’clock Central Time. Participating will be Chairman, President & Chief Executive Officer, Mark Behrman, Executive Vice President & Chief Financial Officer, Cheryl Maguire and Executive Vice President & Chief Commercial Officer, Damien Renwick.

The manufacturer of ammonia and ammonia-related products at plants in Pryor, Oklahoma and Alabama and Arkansas had improved fourth quarter net sales of $134.9 million but also recorded a net loss of $9.1 million, more than the $5.3 million fourth quarter 2023 loss. Still, its earnings per share of 13 cents was improved over the 7 cents recorded in the fourth quarter of 2023.

Adjusted EBITDA for the quarter was up from $25.1 million in the fourth quarter of 2023 to $37.6 million. Overall 2024 net sales totaled $522.4 million, down from $593.7 million in the full year 2023.

Jerry Bohnen