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Lsi Industries (LYTS)
NASDAQ:LYTS
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Earnings Data
Report Date
Jan 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.2Last Year’s EPS
$0.21Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 3.68%
|Next Earnings Date:Jan 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted substantial growth in sales, driven by the acquisition of EMI and recovery in the grocery segment. Strong financial performance and successful product launches were noted. However, there were challenges in the lighting segment due to project delays and ongoing uncertainty in the grocery segment. Overall, the positive aspects significantly outweighed the negatives.Company Guidance
During the LSI Industries Q1 2025 earnings call, the company reported a 12% year-over-year increase in sales, driven by strong project activity in the refueling C-store space and increased grocery market activity within the Display Solutions segment. EBITDA was reported at over $13 million, with free cash flow exceeding $11 million. The net debt ratio stands at 0.8x. The company's book-to-bill ratio was 1.3x, reflecting high demand for R290 cases and non-refrigerated display cases. LSI highlighted the successful integration of EMI, acquired in April 2024, contributing to record performance levels and anticipated years of synergy. The Lighting segment faced timing delays in large projects but launched the new outdoor lighting product, Velocity. Despite headwinds in certain verticals, the company expects double-digit organic sales growth in Q2 due to strong backlog and increased order activity, particularly in the Grocery vertical.Sales Growth and EMI Acquisition Impact
Sales increased by 12% year-over-year, driven by robust project activity in the refueling C-store space, grocery market, and the contribution of EMI, acquired in April 2024.
Strong Financial Metrics
EBITDA exceeded $13 million, free cash flow over $11 million, and a net debt ratio of 0.8x.
Grocery Segment Recovery
Grocery segment orders increased over 90% year-over-year, with a book-to-bill ratio of 1.3x in Q1.
EMI Record Performance and Integration
EMI reached record performance levels and integration with LSI is progressing well, creating commercial synergies.
New Outdoor Lighting Product Launch
Launch of the Velocity outdoor lighting product, building on prior investments and expected to pay dividends for years.
Strong Conference Engagement
Record turnout and strong customer engagement at the NACS and PEI trade shows, leading to new connections and opportunities.
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LYTS 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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LYTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $18.10 | $19.07 | +5.36% |
| Aug 15, 2024 | $14.68 | $14.83 | +1.02% |
| Apr 25, 2024 | $14.46 | $15.04 | +4.01% |
| Jan 25, 2024 | $13.58 | $14.32 | +5.45% |
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 Lsi Industries (LYTS) report earnings?
Lsi Industries (LYTS) is schdueled to report earning on Jan 23, 2025, TBA Not Confirmed.
What is Lsi Industries (LYTS) earnings time?
Lsi Industries (LYTS) earnings time is at Jan 23, 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 LYTS EPS forecast?
LYTS EPS forecast for the fiscal quarter 2025 (Q2) is $0.2.
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