* Atlas Energy Solutions Inc reported quarterly adjusted earnings of 4 cents per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of eleven analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 13 cents to 41 cents per share.
* Revenue rose 93.1% to $304.43 million from a year ago; analysts expected $308.29 million.
* Atlas Energy Solutions Inc's reported EPS for the quarter was 4 cents.
* The company reported quarterly net income of $3.92 million.
* Atlas Energy Solutions Inc shares had fallen by 8.2% this quarter and gained 16.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 57% in the last three months.
* In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the construction materials peer group is also "buy"
Wall Street's median 12-month price target for Atlas Energy Solutions Inc is $24.00 This summary was machine generated from LSEG data October 29 at 08:57 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
Sep. 30 2024 0.24 0.04 Missed
Jun. 30 2024 0.33 0.21 Missed
Mar. 31 2024 0.38 0.26 Missed
Dec. 31 2023 0.55 0.36 Missed
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