US Silica Holdings Q2 EPS $0.60 Misses $0.62 Estimate, Sales $406.80M Miss $437.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
US Silica Holdings (NYSE:SLCA) reported Q2 earnings of $0.60 per share, missing the analyst consensus estimate of $0.62 by 3.23%. The company also reported quarterly sales of $406.80 million, missing the analyst consensus estimate of $437.60 million by 7.04%. However, both earnings and sales have increased compared to the same period last year.
July 27, 2023 | 9:16 pm
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NEGATIVE IMPACT
US Silica Holdings' Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
US Silica Holdings missed both earnings and sales estimates for Q2. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100