Luxfer Holdings PLC (LXFR) Posts Quarterly Earnings, Beats Expectations By $0.15 EPS
Luxfer Holdings PLC (NASDAQ: LXFR) announced its earnings results on Monday. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.15. The company had revenue of $125.70 million for the quarter, compared to the consensus estimate of $128.05 million.
On the ratings front, analysts at Zacks downgraded shares of Luxfer Holdings PLC from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, February 11th. They now have a $12.50 price target on the stock.
Luxfer Holdings PLC (LXFR) traded up 1.49% on Monday, hitting $13.59. Luxfer Holdings PLC (LXFR) has a 52-week low of $10.05 and a 52-week high of $14.39. The stock’s 50-day moving average is currently $13.26. The company has a market cap of $268.7 million and a price-to-earnings ratio of 6.11.
Luxfer Holdings PLC is a United Kingdom-based holding company. The Company, along with its subsidiaries, manufactures high pressure gas cylinders in aluminum and composite materials; magnesium alloys and powders; components in aluminum, magnesium, titanium and carbon composites, and chemically-derived compounds of zirconium.
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