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Luxfer (LXFR)
NYSE:LXFR
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.22Last Year’s EPS
$0.13Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: 3.37%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call highlights several positive outcomes, such as increased revenue, improved profitability, and successful cost management. However, challenges like the delay in the Graphic Arts business sale and declining Gas Cylinders revenue present concerns. Overall, the company's strong performance and strategic improvements lead to a positive outlook.Company Guidance
During the LXFR Q3 2024 earnings call, the company reported a 1.2% year-over-year increase in sales, reaching $91.4 million, with strong performance in the Defense, First Response, and Healthcare sectors. The adjusted EBITDA rose by 22.7% to $13.5 million, improving the EBITDA margin to 14.8%. Additionally, net leverage was reduced to 1.3x, supported by a robust operating cash flow of $12.8 million. The company announced a $7.3 million property sale and continued its strategic divestiture of the Graphic Arts business, expected to close in the first half of 2025. Guidance for adjusted EBITDA was raised to $45-$47 million, excluding legal recoveries, with an anticipated net debt-to-EBITDA ratio decrease to 1.1x. The call highlighted operational efficiencies and strategic investments, particularly in clean energy, which are set to drive future growth.Revenue Increase
Sales for the third quarter were $91.4 million, representing a 1.2% increase year-over-year, driven by demand in Defense, First Response, and Healthcare sectors.
Profitability Improvement
Adjusted EBITDA was $13.5 million, a 22.7% improvement over last year, and adjusted EBITDA margin reached 14.8%.
Operating Cash Flow and Leverage
Operating cash flow for the quarter was $12.8 million, reducing net leverage to 1.3x.
Improved Guidance
Guidance for adjusted EBITDA increased to $45 million to $47 million, with adjusted diluted EPS between $0.88 and $0.94.
Elektron Segment Growth
Elektron sales were $48.8 million, up 7% year-over-year, with an EBITDA margin of 18.2%.
Gas Cylinders Segment Performance
Adjusted EBITDA for Gas Cylinders was $4.6 million, representing a 64.3% year-over-year increase.
Debt Reduction
Net debt reduced to $66 million, with leverage improving to approximately 1.3x.
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LXFR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LXFR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $12.75 | $14.59 | +14.43% |
| Jul 30, 2024 | $12.82 | $12.81 | -0.08% |
| Apr 30, 2024 | $9.43 | $10.36 | +9.86% |
| Feb 27, 2024 | $7.53 | $9.19 | +22.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Luxfer (LXFR) report earnings?
Luxfer (LXFR) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Luxfer (LXFR) earnings time?
Luxfer (LXFR) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LXFR EPS forecast?
LXFR EPS forecast for the fiscal quarter 2024 (Q4) is $0.22.
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