LSI Industries Inc. ($LYTS) 1Q21 Earnings Sneak Peek

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LSI Industries Inc. (NASDAQ:LYTS) is set to announce first quarter earning results on Thursday 29th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, LYTS to report 1Q21 income of $ 0.05 per share.

For the full year, analysts anticipate top line of $ 292.00 million, while looking forward to income of $ 0.20 per share bottom line.

Previous Quarter Performance

LSI Industries Inc. unfold income for the fourth quarter of $ 0.06 per share, from the revenue of $ 63.47 million. The quarterly revenues declined 22.14 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.05 per share from $ 69.00 million in revenue. The bottom line results beat street analysts by $ 0.11 or 220.00 percent, at the same time, top line results fell short of analysts by $ 5.53 million or 8.01 percent.

Stock Performance

Shares of LSI Industries Inc. traded low $ -0.04 or -0.54 percent on Wednesday, reaching $ 7.39 with volume of 62.40 thousand shares. LSI Industries Inc. has traded high as $ 7.43 and has cracked $ 7.14 on the downward trend

According to the previous trading day, closing price of $ 7.39, representing a 197.20 % increase from the 52 week low of $ 2.50 and a 2.49 % decrease over the 52 week high of $ 7.62.

The company has a market capital of $ 194.66 million and is part of the Technology sector and Electronic Components industry.

Conference Call

LSI Industries Inc. will be hosting a conference call at 11:00 AM eastern time on 29th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lsi-industries.com

LSI Industries Inc. provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology.