Smart Sand Inc reports results for the quarter ended in December - Earnings Summary

Smart Sand

11/03/2024 22:23

* Smart Sand Inc  SND.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 6
cents.  The mean expectation of two analysts for the quarter was
for a loss of 6 cents per share. Wall Street expected results to
range from -9 cents to -4 cents per share.
    * Revenue fell 16.1% to $61.95 million from a year ago;
analysts
expected $57.70 million. 
    * Smart Sand Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The company reported a quarterly loss of $4.79 million.
    * Smart Sand Inc shares had risen by 2.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 27.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Smart Sand
Inc is
$2.88 

This summary was machine generated from LSEG data March 11 at
10:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.06          -0.12          Missed
 Sep. 30 2023      0.03           0.18           Beat
 Jun. 30 2023      -0.06          0.17           Beat
                                  -0.09