Atlas Energy's Q3 revenue misses estimates

Atlas Energy Solutions

03/11/2025 21:24

Overview

Atlas Q3 2025 revenue misses analyst expectations, declining 10.1% from previous quarter

Adjusted EBITDA for Q3 2025 misses estimates, reflecting challenging market conditions

Company suspends quarterly dividend, initiates $20 mln cost-saving program

Outlook

Company expects Q4 2025 Adjusted EBITDA to be lower sequentially

Atlas forecasts Q4 Sand & Logistics volumes at 4.8 mln tons

Operating expenses per ton to remain elevated due to Kermit facility issues

Result Drivers

WEAK MARKET - Atlas cites exceptionally weak West Texas completions market impacting results

HIGH OPERATING COSTS - Increased costs at Kermit facility due to dredge feed and wet plant issues

COST SAVINGS INITIATIVE - Company targets $20 mln in annualized cost savings through efficiency measures

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$259.61 mln
$276.30 mln (7 Analysts)
Q3 Net Income
-$23.72 mln
Q3 Adjusted EBITDA
Miss
$40.18 mln
$64.70 mln (8 Analysts)
Q3 Adjusted EBITDA Margin
15%
Q3 Adjusted Free Cash Flow
$21.98 mln
Q3 Gross Profit
$23.76 mln
Q3 Operating Income
-$18.53 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for Atlas Energy Solutions Inc is $13.00, about 4.8% above its October 31 closing price of $12.38

The stock recently traded at 143 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw1QK2t6a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)