LSI (LYTS) Q4 Preview: Key Information Before Earnings Release

LSI Set to Announce Earnings: What Investors Should Know

LSI (NASDAQ:LYTS), a provider of commercial lighting and retail display solutions, is scheduled to release its latest earnings report this Thursday before the market opens. Here’s a look at what the market is anticipating.

In the previous quarter, LSI surpassed Wall Street’s revenue projections by 5.2%, posting $157.2 million in sales—a 13.9% increase compared to the same period last year. The company not only exceeded revenue expectations but also delivered stronger-than-expected EBITDA results, marking a standout performance.

Current Quarter Expectations

For the upcoming quarter, analysts forecast LSI’s revenue to fall by 5.2% year-over-year to $140.1 million, a notable shift from the 35.5% growth seen in the same quarter last year. Adjusted earnings per share are projected to reach $0.22.

LSI Total Revenue

Over the past month, analysts have largely maintained their forecasts, indicating expectations for steady performance as the earnings date approaches. LSI has consistently outperformed revenue estimates over the last two years, with an average beat of 5.4% each quarter.

Industry Peers and Market Sentiment

Among LSI’s competitors in the electrical equipment industry, only Acuity Brands has reported results so far, matching analyst revenue expectations and achieving 20.2% year-over-year sales growth. Despite this, Acuity Brands’ stock declined by 12% following the announcement.

Investor sentiment in the electrical equipment sector has been positive, with average share prices rising 6.4% over the past month. LSI’s stock has climbed 5.3% during the same period. Heading into earnings, the consensus analyst price target for LSI stands at $27.67, compared to its current price of $19.72.

Spotlight: Share Buybacks and Cash Flow

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