LXU - LSB Industries Q4 operating income to reduce by about $5M to $7M

• LSB Industries ( NYSE: LXU ) said it expects the unplanned outages at the two of its facilities will reduce Q4 operating income by about $5M to $7M, due to lost sales and reduced absorption of fixed costs.
• The company this month shut down its Cherokee, AL and El Dorado, AR facilities due to extremely cold temperatures that impacted much of the United States.
• The El Dorado facility has since returned to service. Repairs are currently underway at Cherokee and the facility is expected to resume production by mid-January 2023.

For further details see: