Overview
U.S. lighting and display solutions maker's fiscal Q2 sales beat analyst expectations
Adjusted EPS for fiscal Q2 beat analyst expectations
Company reported strong free cash flow of $23.3 mln in fiscal Q2
Outlook
LSI anticipates continued revenue growth in Lighting and Display Solutions segments
Company expects elevated market activity in Mexico into fiscal 2027
LSI sees increased grocery orders reflecting normalized release of planned programs
Result Drivers
LIGHTING SEGMENT GROWTH - Sales increased 15% due to large project shipments and national account opportunities
DISPLAY SOLUTIONS IMPROVEMENT - Market activity in Mexico improved, and new customer acquisitions in refueling/c-store verticals contributed positively
COST MANAGEMENT - Improved productivity, price optimization, and disciplined expense management offset raw material cost inflation
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $147.002 mln | $139.39 mln (4 Analysts) |
Q2 Adjusted EPS | Beat | $0.26 | $0.21 (3 Analysts) |
Q2 EPS | $0.20 | ||
Q2 Adjusted Net Income | Beat | $8.44 mln | $7.16 mln (3 Analysts) |
Q2 Net Income | $6.35 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for LSI Industries Inc is $26.50, about 30% above its January 21 closing price of $20.38
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nBw1zjvRxa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)