Luxfer HoldingsNYSE: LXFR

Luxfer Holdings PLC (NYSE:LXFR ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Kevin Grant - Vice President of Investor Relations & Business Development Andy Butcher - Chief Executive Officer Steve Webster - Chief Financial Officer Conference Call Participants Steve Ferazani – Sidoti & Company Operator Good morning, ladies and gentlemen. My name is Bo and I will be your conference operator today.

MILWAUKEE--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applications in materials engineering, today announced financial results for the third quarter 2024, ended September 30, 2024. Conference call information Luxfer will conduct an investor teleconference at 8:30 a.m. ET on Wednesday October 30, 2024. Investors can access this conference via any of the following: Webcast: Accessible by clicking on this link Luxfer.

Analysts expect Luxfer Holdings PLC to report Q3 earnings of $0.18 adjusted and $0.15 GAAP per share on $85.8m in sales, down 12% y/y. Key focus areas include the divestment of the Graphic Arts segment and performance improvements in the Elektron and Gas Cylinder segments. I remain cautious and will monitor management's comments on market conditions and the 2025 outlook before starting a position.

MILWAUKEE--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applications in materials engineering, today announced the following details for its third quarter 2024 conference call. Date and time:   Wednesday October 30, 2024, at 8:30 a.m. Eastern Time       Luxfer participants:   Andy Butcher Steve Webster Kevin Grant Chief Executive Officer Chief Financial Officer Vice President of Investor Relations and Business Develo.

Luxfer Holdings reported Q2 earnings, with net sales down 10% y/y but in line with estimates, and raised the FY24 outlook. The Gas Cylinders segment showed growth, Elektron segment struggling but showing sequential recovery. The company's intrinsic value estimated at $9.66 per share, trading above fair value, maintaining hold rating and monitoring performance.

Luxfer (LXFR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Luxfer (LXFR) and Crane (CR). But which of these two stocks presents investors with the better value opportunity right now?

NOTTINGHAM, England--(BUSINESS WIRE)--Luxfer Gas Cylinders, a division of Luxfer Holdings PLC (NYSE: LXFR), has cemented its position as a world leader in gas containment solutions with the introduction of the G-Stor® Hydrosphere, a cutting-edge collection of Multiple Element Gas Containers (MEGCs) set to revolutionize how businesses can harness the power of hydrogen. Developed to support the safe and sustainable transportation of hydrogen via virtual gas pipelines, the high-capacity G-Stor® Hy.

Luxfer (LXFR) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LXFR broke through the 20-day moving average, which suggests a short-term bullish trend.