Solaris Energy Infrastructure, Inc. reports results for the quarter ended June 30 - Earnings Summary
Solaris Energy Infrastructure, Inc. reports results for the quarter ended June 30 - Earnings Summary
Solaris Energy Infrastructure, Inc. SEI.N reported quarterly adjusted earnings of 39 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of nine analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 24 cents to 47 cents per share.
Revenue rose 46.9% to $219.40 million from a year ago; analysts expected $205.44 million.
Solaris Energy Infrastructure, Inc.'s reported EPS for the quarter was 26 cents.
The company reported quarterly net income of $19.85 million.
Solaris Energy Infrastructure, Inc. shares had fallen by 28.0% this quarter and gained 26.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "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 $88.00, about 36.9% above its last closing price of $55.57
This summary was machine generated from LSEG data August 6 at 12:26 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 |
Jun. 30 2026 | 0.34 | 0.39 | Beat |
Mar. 31 2026 | 0.26 | 0.44 | Beat |
Dec. 31 2025 | 0.27 | 0.35 | Beat |
Sep. 30 2025 | 0.24 | 0.34 | Beat |
Recent news on Solaris Energy Infrastructure
See all newsBrief: Solaris Energy Infrastructure Announces Pricing Of Upsized Offering Of $1.25 Billion Of 7.000% Senior Notes Due 2032
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