LSB: Q3 Earnings Snapshot

Associated Press Finance
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OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — LSB Industries Inc. (LXU) on Wednesday reported a loss of $7.7 million in its third quarter.

On a per-share basis, the Oklahoma City-based company said it had a loss of 10 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 7 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The chemical maker posted revenue of $114.3 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $109.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LXU at https://www.zacks.com/ap/LXU

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