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

US Silica Holdings

27/04/2024 12:10

* US Silica Holdings Inc  SLCA.N  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 66 cents.  The mean expectation of three analysts for the
quarter was for earnings of 24 cents per share. Wall Street
expected results to range from 20 cents to 28 cents per share.
    * Revenue fell 26.3% to $325.94 million from a year ago;
analysts
expected $336.59 million. 
    * US Silica Holdings Inc's reported EPS for the quarter was
17
cents​.
    * The company reported quarterly net income of $13.69
million.
    * US Silica Holdings Inc shares had risen by 5.2% this
quarter and
gained 15.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.9%
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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
mining &
metals peer group is also "buy"

Wall Street's median 12-month price target for US Silica
Holdings Inc is $15.75 
This summary was machine generated from LSEG data April 27 at
11:09 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
 Mar. 31 2024      0.24           0.20           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