Speciality material and gas containment company Luxfer (NYSE:LXFR) will be announcing earnings results tomorrow after market close. Here’s what you need to know.

Luxfer beat analysts’ revenue expectations by 7.8% last quarter, reporting revenues of $89.4 million, down 11.7% year on year. Despite the sales decline, it was still a strong quarter for the company, with an impressive beat of analysts’ earnings and EBITDA estimates.

Is Luxfer a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Luxfer’s revenue to decline 9.7% year on year to $99.7 million, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Luxfer has missed Wall Street’s revenue estimates twice over the last two years.

With Luxfer being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for industrial machinery stocks. However, investors in the segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. Luxfer is down 4.6% during the same time and is heading into earnings with an average analyst price target of $15 (compared to the current share price of $12.36).

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