US Silica Holdings Inc reports results for the quarter ended in December - Earnings Summary

US Silica Holdings

27/02/2024 14:32

* US Silica Holdings Inc  SLCA.N  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 43 cents.  The mean expectation of
three analysts for the quarter was for earnings of 25 cents per
share. Wall Street expected results to range from 20 cents to 28
cents per share.
    * Revenue fell 18.6% to $336.04 million from a year ago;
analysts
expected $343.72 million. 
    * US Silica Holdings Inc's reported EPS for the quarter was
37
cents​.
    * The company reported quarterly net income of $29.11
million.
    * US Silica Holdings Inc shares had fallen by 5.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.5%
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 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for US Silica
Holdings Inc is $14.00 

This summary was machine generated from LSEG data February 27 at
02:30 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      0.25           0.28           Beat
 Sep. 30 2023      0.41           0.38           Missed
 Jun. 30 2023      0.62           0.60           Missed
 Mar. 31 2023      0.51           0.66           Beat