LXFR - Why Engineered Advanced Materials Producer Luxfer Shares Are Dipping Today | Benzinga
Luxfer Holdings PLC (NYSE: LXFR) shares are trading lower by around 15% after it reported Q3 FY23 preliminary results.
The company expects Q3 net sales of $97 million (vs. $103.5 million street view) and adjusted earnings per share of about $0.04 (vs. consensus of $0.24).
The company saw lower customer order demand due to macroeconomic challenges. On the supply chain front, LXFR witnessed continued disruption in ...