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

Smart Sand

09/08/2023 04:50

* Smart Sand Inc  SND.OQ  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 6
cents per share.
    * Revenue rose 8.8% to $74.78 million from a year ago;
analysts
expected $71.35 million. 
    * Smart Sand Inc's reported EPS for the quarter was 17
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Smart Sand Inc shares had risen by 7.3% this quarter and
lost 1.7% so far this year.
    * The company reported quarterly net income of $6.31
million.
    * Wall Street's median 12-month price target for Smart Sand
Inc is
$2.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 03:50 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          0.17           Beat
 Dec. 31 2022      0.00           0.06           Beat
 Sep. 30 2022      0.04           0.06           Beat