Market Overview

Recap: Luxfer Holdings Q2 Earnings

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Shares of Luxfer Holdings (NYSE:LXFR) rose 2.37% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 61.36% over the past year to $0.17, which beat the estimate of $0.14.

Revenue of $89,500,000 decreased by 23.18% from the same period last year, which beat the estimate of $85,150,000.

Looking Ahead

Luxfer Holdings hasn't issued any earnings guidance for the time being.

Luxfer Holdings hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $21.48

52-week low: $10.27

Price action over last quarter: down 10.39%

Company Overview

Luxfer Holdings PLC is a materials technology company. It designs, manufactures and distributes high-performance materials, components and gas-containment devices for healthcare, environmental, protection, and specialty end-markets. The company is organized into two reporting segments, Elektron and Gas Cylinders. Elektron division focuses on specialty materials based on magnesium, zirconium and rare earths. The Gas Cylinders division manufactures and markets specialized products using aluminum, magnesium, carbon composites and steel. The majority of its revenue is derived from Elektron segment. It operates 20 manufacturing plants in seven countries, United Kingdom, United States of America, France, Czech Republic, Canada, India, and China.

 

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Posted-In: Earnings