Investing.com - Luxfer (NYSE:LXFR) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Luxfer announced earnings per share of $0.33 on revenue of $97M. Analysts polled by Investing.com anticipated EPS of $0.2886 on revenue of $97.94M.
Luxfer shares are down 11.55% from the beginning of the year, still down 28.57% from its 52 week high of $23.91 set on June 2, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Luxfer follows other major Industrials sector earnings this month
Luxfer's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.57 on revenue of $5.86B, compared to forecasts EPS of $2.56 on revenue of $5.71B.
Lockheed Martin had beat expectations on April 19 with first quarter EPS of $6.44 on revenue of $14.96B, compared to forecast for EPS of $6.21 on revenue of $15.58B.
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