LSB Industries reported third quarter 2026 results that surpassed earnings expectations but fell short on revenue. Net sales grew slightly year-over-year to $158.6 million as higher selling prices and record nitric acid production volumes offset lower ammonia and UAN sales volumes resulting from a planned turnaround at the Pryor facility.
Key Highlights
- Diluted EPS of $0.22 nearly doubled analyst estimates of $0.12, supported by a 32% year-over-year increase in realized ammonia prices.
- Adjusted EBITDA rose 55% to $62.3 million compared to the prior-year period, driven by improved margins and a 5% decrease in average natural gas input costs to $2.93 per MMBtu.
- The company achieved record monthly production at all three facilities during the first nine months of the year and remains on pace for annual records in nitric acid and AN solution.
- LSB confirmed continued progress on its El Dorado CCS project, maintaining that an operational date earlier than the EPA's H2 2027 estimate remains possible.