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

LSI Industries (NASDAQ:LYTS) released its quarterly earnings data on Thursday. The construction company reported $0.18 earnings per share for the quarter, missing the consensus estimate 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 Stock Up 0.3 %

LSI Industries stock opened at $19.78 on Thursday. The stock has a market cap of $590.24 million, a PE ratio of 25.04 and a beta of 0.93. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 2.08. The stock has a fifty day moving average of $19.74 and a 200 day moving average of $17.29. LSI Industries has a one year low of $13.35 and a one year high of $21.19.

LSI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Monday, November 18th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Monday, November 18th. LSI Industries’s payout ratio is currently 25.32%.

About LSI Industries

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.