Will LSI Industries Inc. ($LYTS) Beat Analysts View?

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LSI Industries Inc. (NASDAQ:LYTS) is reporting fourth quarter earnings results on Thursday 20th August 2020, before market open.

The consensus estimates from Thomson Reuters are loss of $ 0.05 per share from $ 69.00 million in revenue.

For the full year, analysts predict revenues of $ 311.10 million, while looking forward to income of $ 0.01 per share.

Previous Quarter Performance

LSI Industries Inc. outlined loss for the third quarter of $ 0.04 per share, from the revenue of $ 71.01 million. The quarterly earnings compared with the same quarter last year. According to street consensus, LYTS was expected to report 3Q20 loss of $ 0.07 per share from revenue of $ 70.98 million. The bottom line results beat street analysts by $ 0.03 or 42.86 percent, at the same time, top line results outshined analysts by $ 0.03 million or 0.04 percent.

Stock Performance

According to the previous trading day, closing price of LYTS was $ 6.80, representing a 172.00 % increase from the 52 week low of $ 2.50 and a 6.85 % decrease over the 52 week high of $ 7.30.

The company has a market capital of $ 178.11 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 20th August 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 877-407-4018 U.S., when prompted, enter passcode 13706227 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website public.viavid.com/player/index.php?id=140531

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.