U.S. Markets closed
  • S&P Futures

    3,672.25
    +7.75 (+0.21%)
     
  • Dow Futures

    29,991.00
    +59.00 (+0.20%)
     
  • Nasdaq Futures

    12,491.50
    +29.25 (+0.23%)
     
  • Russell 2000 Futures

    1,849.20
    +2.00 (+0.11%)
     
  • Crude Oil

    46.41
    +0.77 (+1.69%)
     
  • Gold

    1,847.90
    +6.80 (+0.37%)
     
  • Silver

    24.24
    +0.10 (+0.43%)
     
  • EUR/USD

    1.2148
    -0.0001 (-0.0121%)
     
  • 10-Yr Bond

    0.9200
    -0.0280 (-2.95%)
     
  • Vix

    21.28
    +0.11 (+0.52%)
     
  • GBP/USD

    1.3454
    +0.0001 (+0.0067%)
     
  • USD/JPY

    103.8380
    -0.0220 (-0.0212%)
     
  • BTC-USD

    19,324.67
    -126.84 (-0.65%)
     
  • CMC Crypto 200

    379.56
    +5.15 (+1.38%)
     
  • FTSE 100

    6,490.27
    +26.88 (+0.42%)
     
  • Nikkei 225

    26,690.47
    -118.90 (-0.44%)
     

Luxfer: 3Q Earnings Snapshot

·1 min read

MANCHESTER, Britain (AP) _ Luxfer Holdings PLC (LXFR) on Monday reported third-quarter net income of $2.6 million.

The Manchester, Britain-based company said it had net income of 9 cents per share. Earnings, adjusted for one-time gains and costs, came to 25 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The materials technology company specializing in aluminum, magnesium and zirconium posted revenue of $90.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $89.7 million.

Luxfer shares have dropped 26% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.67, a decrease of 18% in the last 12 months.

_____

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