Luxfer (NYSE:LXFR) Updates FY 2024 Earnings Guidance

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Luxfer (NYSE:LXFR - Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.750-0.900 for the period, compared to the consensus estimate of 0.740. The company issued revenue guidance of -.

Luxfer Stock Down 2.8 %

Shares of Luxfer stock traded down $0.28 during trading on Tuesday, hitting $9.66. 158,523 shares of the stock traded hands, compared to its average volume of 196,141. Luxfer has a 52-week low of $7.55 and a 52-week high of $16.58. The stock's fifty day simple moving average is $9.92 and its 200 day simple moving average is $9.02. The firm has a market cap of $259.18 million, a P/E ratio of -120.73, a price-to-earnings-growth ratio of 2.11 and a beta of 0.84. The company has a current ratio of 2.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32.

Luxfer (NYSE:LXFR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $95.90 million for the quarter, compared to the consensus estimate of $89.70 million. Luxfer had a positive return on equity of 6.63% and a negative net margin of 0.47%. On average, equities analysts predict that Luxfer will post 0.66 earnings per share for the current fiscal year.

Luxfer Announces Dividend


The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Friday, April 19th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 5.38%. The ex-dividend date is Thursday, April 18th. Luxfer's dividend payout ratio is currently -649.92%.

About Luxfer

(Get Free Report)

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.

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Earnings History and Estimates for Luxfer (NYSE:LXFR)

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