LSI Industries (NASDAQ:LYTS) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

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

LSI Industries Price Performance

LYTS opened at $24.72 on Friday. The company has a quick ratio of 1.19, a current ratio of 2.08 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $19.74 and its 200 day moving average price is $17.29. LSI Industries has a fifty-two week low of $13.35 and a fifty-two week high of $25.50. The firm has a market cap of $737.64 million, a price-to-earnings ratio of 31.29 and a beta of 0.93.

LSI Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Monday, November 18th. LSI Industries’s dividend payout ratio (DPR) is presently 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.