LSI Industries (LYTS) Expected to Announce Earnings on Thursday

LSI Industries (NASDAQ:LYTS) is expected to be issuing its quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $129.72 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings results on Thursday, January 23rd. The construction company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). LSI Industries had a return on equity of 11.25% and a net margin of 4.47%. On average, analysts expect LSI Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LSI Industries Price Performance

Shares of LYTS stock opened at $15.72 on Thursday. The stock has a 50 day moving average price of $17.78 and a 200 day moving average price of $18.61. The firm has a market capitalization of $470.36 million, a P/E ratio of 20.42 and a beta of 0.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.20 and a current ratio of 2.08. LSI Industries has a 52-week low of $13.63 and a 52-week high of $25.50.

LSI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Monday, February 3rd were given a dividend of $0.05 per share. The ex-dividend date was Monday, February 3rd. This represents a $0.20 annualized dividend and a dividend yield of 1.27%. LSI Industries’s dividend payout ratio (DPR) is 25.97%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Canaccord Genuity Group upped their price target on shares of LSI Industries from $22.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, January 24th. StockNews.com downgraded shares of LSI Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday. Finally, HC Wainwright lifted their price target on shares of LSI Industries from $20.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, January 24th.

LSI Industries Company Profile

LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.