LSI Industries Inc reports results for the quarter ended in March - Earnings Summary

• LSI Industries Inc LYTS reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of three analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 15 cents to 16 cents per share.

• Revenue fell 7.9% to $108.19 million from a year ago; analysts expected $105.57 million.

• LSI Industries Inc's reported EPS for the quarter was 18 cents​.

• The company reported quarterly net income of $5.38 million.

• LSI Industries Inc shares had fallen by 3.5% this quarter and gained 3.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for LSI Industries Inc is $20.00

This summary was machine generated from LSEG data April 25 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)