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Smart Sand Inc reports results for the quarter ended in January - Earnings Summary
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Smart Sand Inc reports results for the quarter ended in January - Earnings Summary
  • Smart Sand Inc SND.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents to -1 cents per share.

  • Revenue fell 1.3% to $73.80 million from a year ago; analysts expected $68.15 million.

  • Smart Sand Inc's reported EPS for the quarter was a loss of 1 cent​.

  • The company reported a quarterly loss of $430 thousand.

  • Smart Sand Inc shares had fallen by 12.8% this quarter and lost 4.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 175% in the last three months.​

  • In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

  • The average consensus recommendation for the construction materials peer group is also "hold"

Wall Street's median 12-month price target for Smart Sand Inc is $2.63

This summary was machine generated from LSEG data August 14 at 01:03 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 2024

-0.01

0.02

Beat

Mar. 31 2024

0.05

-0.01

Missed

Dec. 31 2023

-0.06

-0.12

Missed

Sep. 30 2023

0.03

0.18

Beat

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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