NYSE$LXU
LSB Industries Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
LSB Industries reported results affected by lower selling prices, partially offset by stronger sales volumes and lower natural gas prices.
LSB Industries reported net sales of $83.4 million and a net loss of $19.5 million for the first quarter of 2020. The company saw an 8% increase in overall sales volumes, including a 21% increase in UAN sales volumes compared to the first quarter of 2019. Despite the COVID-19 pandemic, facilities remained fully operational.
- Net sales reached $83.4 million.
- Net loss amounted to $19.5 million.
- Adjusted EBITDA was $15.6 million, including an adjustment for certain legal fees of $3.3 million.
- Overall sales volumes increased by 8%, with UAN sales volumes up 21% compared to Q1 2019.
Headline financials
Revenue & EPS history
LSB Industries · Revenue · Quarterly
$83.4M
Revenue by segment
LSB Industries · $84.2M total across 3 segments · Q3 2023
- AN & Nitric Acid$46M-30.4%54.7%
- Ammonia$26.8M-48.5%31.9%
- Other$11.3M-27.2%13.5%
Forward guidance
LSB Industries expects a material year-over-year improvement in results for full year 2020, despite uncertainties and demand headwinds caused by the pandemic crisis. The company has taken decisive actions to control costs and maintain liquidity.
Tailwinds
- USDA increased its 2020 forecast for total corn acres to be planted.
- Strong pickup in orders and shipments of fertilizer products.
- Facilities operating at high production rates.
- Implemented protocols to ensure employee health and safety.
- Believe in ability to deliver year-over-year improvement in EBITDA and cash flow in 2020.
Headwinds
- Drop in demand for ethanol due to reduced vehicle use.
- Pull back in demand for products used in auto manufacturing, home building, power generation, water treatment, and coal and metals mining industries.
- Uncertainties and demand headwinds caused by the pandemic crisis.
- Lower selling prices for agricultural and industrial products.
- Excess ammonia inventory in the U.S. distribution channel.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-0.6%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+6.2%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+34.0%
Q1 2017
Best reaction
-54.7%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +0.7% | -17.4% | |
| Q4 2025 | +15.5% | +19.2% | +62.7% | |
| Q3 2025 | -0.1% | -8.3% | -2.9% | |
| Q1 2025 | +4.9% | +4.8% | +24.5% | |
| Q4 2024 | -4.0% | -12.7% | -14.3% | |
| Q3 2024 | -6.8% | -5.4% | -1.4% | |
| Q2 2024 | +5.1% | -8.3% | -11.0% | |
| Q1 2024 | +13.3% | +3.7% | +17.7% | |
| Q4 2023 | +1.1% | +4.1% | +17.4% | |
| Q3 2023 | -1.4% | -8.7% | -0.7% | |
| Q2 2023 | +3.7% | +2.1% | -10.8% | |
| Q1 2023 | +2.0% | -1.3% | +6.8% | |
| Q4 2022 | +5.2% | +6.4% | -21.5% | |
| Q3 2022 | -5.6% | -5.9% | -16.2% | |
| Q2 2022 | +9.8% | +9.2% | +34.8% | |
| Q1 2022 | -4.3% | -12.6% | -0.7% | |
| Q4 2021 | +22.5% | +42.5% | +92.3% | |
| Q3 2021 | -2.7% | +2.5% | +0.8% | |
| Q2 2021 | +2.0% | +7.6% | +1.6% | |
| Q1 2021 | -3.5% | -5.5% | -4.4% | |
| Q4 2020 | +14.2% | +19.3% | +10.0% | |
| Q3 2020 | -11.4% | -1.0% | +43.8% | |
| Q2 2020 | +4.5% | +1.8% | +105.5% | |
| Q1 2020 | -5.8% | -19.0% | -27.0% | |
| Q4 2019 | -19.9% | -19.1% | -9.5% | |
| Q3 2019 | -20.6% | -16.2% | -28.5% | |
| Q2 2019 | +28.9% | +26.4% | +18.8% | |
| Q1 2019 | -4.4% | -5.7% | -39.1% | |
| Q4 2018 | -5.5% | -4.1% | -14.7% | |
| Q3 2018 | -10.6% | -13.1% | -16.1% | |
| Q2 2018 | -11.9% | -16.5% | -6.2% | |
| Q1 2018 | +3.7% | -1.2% | -7.3% | |
| Q4 2017 | +10.9% | +4.0% | -14.8% | |
| Q3 2017 | +1.6% | +4.4% | +20.3% | |
| Q2 2017 | -26.3% | -26.7% | -39.1% | |
| Q1 2017 | +34.0% | +53.7% | +30.8% | |
| Q4 2016 | +23.9% | +20.5% | +5.8% | |
| Q3 2016 | +18.1% | +39.6% | +54.9% | |
| Q2 2016 | +5.0% | -2.6% | -2.4% | |
| Q1 2016 | -34.0% | — | — | |
| Q4 2015 | +25.1% | — | — | |
| Q3 2015 | -54.7% | — | — | |
| Q2 2015 | -31.7% | — | — | |
| Q1 2015 | -2.0% | — | — | |
| Q4 2014 | +2.5% | — | — | |
| Q3 2014 | -10.7% | — | — | |
| Q2 2014 | -1.8% | — | — | |
| Q1 2014 | -1.5% | — | — | |
| Q4 2013 | -4.1% | — | — | |
| Q3 2013 | -12.3% | — | — | |
| Q1 2011 | +2.5% | — | — | |
| Q2 2013 | +7.0% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | -5.9% | — | — | |
| Q2 2012 | +8.0% | — | — | |
| Q1 2012 | +3.3% | — | — | |
| Q4 2009 | +12.1% | — | — | |
| Q4 2011 | +12.1% | — | — | |
| Q3 2010 | -11.9% | — | — | |
| Q3 2011 | -11.9% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q1 2010 | -6.8% | — | — |
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