Solaris Oilfield Infrastructure Inc expected to post earnings of 14 cents a share - Earnings Preview

Solaris Energy Infrastructure

23/04/2024 23:30

* Solaris Oilfield Infrastructure Inc  SOI.N   SOI  is
expected
to show a fall in quarterly revenue when it reports  results on
April 25 for the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
24.5% decrease in revenue to $62.45 million from $82.72 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Solaris Oilfield
Infrastructure Inc is for earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Solaris
Oilfield
Infrastructure Inc is $11.00​, above​ its last closing price
of $8.60. ​​​

The company's guidance on February 27 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD23.4542 million.The company's guidance
on February 27 2024 for the period ended March 31 was for
Capital Expenditures of USD4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.18        0.17       0.15      Missed  -9.6
 Sep. 30 2023  0.23        0.23       0.19      Missed  -19.1
 Jun. 30 2023  0.25        0.22       0.25      Beat    11.9​
 Mar. 31 2023  0.21        0.21       0.24      Beat    14.9
 ​​Dec.        0.24        0.23       0.22      Missed  -2.5
 31 2022                                                
 Sep. 30 2022  0.23        0.23       0.24      Beat    4.3​
 Jun. 30 2022  0.15        0.13       0.20      Beat    59
 Mar. 31 2022  0.05        0.06       0.11      Beat    91.1
 This summary was machine generated April 23 at 22:30 GMT.  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)