* Smart Sand Inc reported a quarterly adjusted loss of 1 cent per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of two analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 6 cents per share.
* Revenue rose 0.9% to $83.05 million from a year ago; analysts expected $75.20 million.
* Smart Sand Inc's reported EPS for the quarter was a loss of 1 cent.
* The company reported a quarterly loss of $216 thousand.
* Smart Sand Inc shares had risen by 22.0% this quarter and gained 20.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 200% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "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 $2.88 This summary was machine generated from LSEG data May 13 at 10:29 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
Mar. 31 2024 0.05 -0.01 Missed
Dec. 31 2023 -0.06 -0.12 Missed
Sep. 30 2023 0.03 0.18 Beat
Jun. 30 2023 -0.06 0.17 Beat
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