LSI Industries (NASDAQ:LYTS) Issues Quarterly Earnings Results

LSI Industries (NASDAQ:LYTS) posted its earnings results on Thursday. The construction company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02), Zacks reports. LSI Industries had a net margin of 4.88% and a return on equity of 11.71%.

LSI Industries Price Performance

NASDAQ LYTS opened at $24.72 on Friday. The company has a 50-day moving average price of $19.74 and a two-hundred day moving average price of $17.29. LSI Industries has a 52 week low of $13.35 and a 52 week high of $25.50. The stock has a market cap of $737.64 million, a price-to-earnings ratio of 31.29 and a beta of 0.93. The company has a current ratio of 2.08, a quick ratio of 1.19 and a debt-to-equity ratio of 0.21.

LSI Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Monday, November 18th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Monday, November 18th. LSI Industries’s payout ratio is 25.32%.

LSI Industries Company Profile

LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.