Smart Sand Q2 EPS $0.17 Beats $(0.06) Estimate, Sales $74.78M Beat $71.35M Estimate
Portfolio Pulse from saritha@benzinga.com
Smart Sand (NASDAQ:SND) reported Q2 earnings of $0.17 per share, beating the analyst consensus estimate of $(0.06) by 383.33%. The company also reported quarterly sales of $74.78 million, beating the analyst consensus estimate of $71.35 million by 4.80%. This represents an 8.82% increase over sales of $68.71 million the same period last year.
August 08, 2023 | 8:43 pm
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POSITIVE IMPACT
Smart Sand's Q2 earnings and sales exceeded analyst estimates, which could positively impact the stock.
Smart Sand's Q2 earnings and sales beat analyst estimates, which is typically a positive signal for the stock. Investors may interpret this as a sign of the company's strong performance and future growth potential, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100