Solaris Energy Infrastructure Inc reports results for the quarter ended December 31 - Earnings Summary

Solaris Energy Infrastructure

21/02/2025 03:32

* Solaris Energy Infrastructure Inc  SEI.N  reported
quarterly
adjusted earnings of 12 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 15 cents.  The mean expectation of
four analysts for the quarter was for earnings of 13 cents per
share. Wall Street expected results to range from 10 cents to 14
cents per share.
    * Revenue rose 52% to $96.30 million from a year ago;
analysts
expected $94.30 million. 
    * Solaris Energy Infrastructure Inc's reported EPS for the
quarter
was 19 cents​.
    * The company reported quarterly net income of $6.25
million.
    * Solaris Energy Infrastructure Inc shares had risen by 4.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 17.9%
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 "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Solaris Energy
Infrastructure Inc is $37.00 
This summary was machine generated from LSEG data February 21 at
03:32 a.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 2024      0.13           0.12           Missed
 Sep. 30 2024      0.09           0.08           Missed
 Jun. 30 2024      0.12           0.13           Beat
 Mar. 31 2024      0.14           0.16           Beat