Solaris Oilfield Infra Q3 Adj. EPS $0.19 Misses $0.22 Estimate, Sales $69.68M Miss $77.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Solaris Oilfield Infra (NYSE:SOI) reported Q3 adjusted earnings of $0.19 per share, missing the analyst consensus estimate of $0.22 by 13.64%. This is a 20.83% decrease from the same period last year. The company also reported quarterly sales of $69.68 million, missing the analyst consensus estimate of $77.25 million by 9.80%. This is a 24.53% decrease from the same period last year.
October 27, 2023 | 6:45 am
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Solaris Oilfield Infra's Q3 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
Solaris Oilfield Infra's Q3 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100