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Luxfer Holdings PLC - $LXFR STOCK NEWS

Welcome to our dedicated page for Luxfer Holdings PLC news (Ticker: $LXFR), a resource for investors and traders seeking the latest updates and insights on Luxfer Holdings PLC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Luxfer Holdings PLC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Luxfer Holdings PLC's position in the market.

Rhea-AI Summary
Luxfer Holdings PLC announces preliminary results for Q3 2023, falling well below expectations. Challenges include waning demand, supply chain issues, and competitive cost pressures. Q3 net sales estimated at $97 million with adjusted earnings per share of approximately $0.04. Turnaround plan in Graphic Arts business to reduce costs. Full year 2023 results tracking lower than previously provided guidance.
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-12.43%
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Luxfer Holdings PLC declares quarterly dividend of 13 cents per ordinary share.
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-0.77%
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Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) reported its second quarter 2023 financial results, with net sales of $110.4 million, a 0.8% increase compared to the prior year period. GAAP diluted EPS from continuing operations decreased to $0.18, while adjusted diluted EPS decreased to $0.27. Adjusted EBITDA decreased by 14.8% to $14.4 million. The company's Elektron segment saw a decrease in net sales and adjusted EBITDA, while the Gas Cylinders segment experienced an increase in net sales and adjusted EBITDA. Luxfer expects adjusted earnings per share of $0.88 to $1.00 for the full year 2023.
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-4.29%
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Luxfer Holdings PLC (NYSE: LXFR) will release financial results for the second quarter of 2023 on July 25, 2023. A conference call is scheduled for July 26, 2023 at 8:30 a.m. EDT to review the results.
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0.07%
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-2.24%
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-3.26%
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Luxfer Holdings PLC

NYSE:LXFR

LXFR Rankings

LXFR Stock Data

337.75M
24.51M
1.84%
92.59%
1.75%
Metal Tank (Heavy Gauge) Manufacturing
Manufacturing
Link
United States of America
MANCHESTER

About LXFR

luxfer gas cylinders, the world’s largest manufacturer of aluminum and composite cylinders for high-pressure gas storage, has a long history of cylinder innovation. using patented and proprietary alloys to develop products that are light, durable and corrosion-resistant, luxfer has established a worldwide presence in markets such as life support, alternative fuel, medical, specialty gas, industrial, beverage, fire extinguishers, aerospace, inflation, scuba and performance racing. luxfer operates manufacturing facilities in the united states, the uk, france, canada, china and india. more than 50 million luxfer cylinders in service around the world have an exemplary record for dependable service and safety.