Street Expectation From Luxfer Holdings PLC ($LXFR) 3Q20 Earnings?

Luxfer Holdings PLC (NYSE:LXFR) materials technology outfit, is reporting third quarter earnings results on Monday 26th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.19 per share.

For the full year, analysts predict revenues of $ 373.95 million, while looking forward to income of $ 0.88 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 1.30 ~ $ 1.55 per share

Click Here For More Historical Outlooks Of Luxfer Holdings PLC

Previous Quarter Performance

Luxfer Holdings PLC announced income for the second quarter of $ 0.17 per share, from the revenue of $ 89.50 million. The quarterly earnings reduced 61.36 percent while revenues shrunk 26.85 percent compared with the same quarter last year.
Wall street analysts are predicting, LXFR to report 2Q20 income of $ 0.14 per share from revenue of $ 85.15 million. The bottom line results beat street analysts by $ 0.03 or 21.43 percent, at the same time, top line results outshined analysts by $ 4.35 million or 5.11 percent.

Stock Performance

On Friday, shares of Luxfer Holdings PLC has traded high as $ 14.02 and has cracked $ 12.90 on the downward trend, reaching $ 13.68 with volume of 94.10 thousand shares.

According to the previous trading day, closing price of $ 13.68, representing a 35.25 % increase from the 52 week low of $ 10.27 and a 28.22 % decrease over the 52 week high of $ 19.35.

The company has a market capital of $ 377.78 million and is part of the Industrials sector and Diversified Industrials industry.

Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas cylinders for transportation, defense and emergency response, healthcare, and general industrial applications. It operates in two segments, Gas Cylinders and Elektron. The Gas Cylinders segment manufactures and markets aluminum and composite cylinders and systems, which are used in self-contained breathing apparatus, fire extinguishers, alternative fuels, bulk gas transportation, specialty gases, medical, beverages, scuba, and aerospace applications.

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