LSB: Q4 Earnings Snapshot

OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — LSB Industries Inc. (LXU) on Wednesday reported fourth-quarter net income of $65.9 million.

On a per-share basis, the Oklahoma City-based company said it had net income of 83 cents. Earnings, adjusted for non-recurring costs, were 90 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The chemical maker posted revenue of $233.7 million in the period.

For the year, the company reported net income of $230.3 million, or $2.68 per share, swinging to a profit in the period. Revenue was reported as $901.7 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LXU at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up