US Silica Holdings Q3 Adj EPS $0.38 Misses $0.41 Estimate, Sales $366.96M Miss $380.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
US Silica Holdings (NYSE:SLCA) reported Q3 adjusted earnings of $0.38 per share, missing the analyst consensus estimate of $0.41 by 7.32%. This is a 11.63% decrease from the same period last year. The company also reported quarterly sales of $366.96 million, missing the analyst consensus estimate of $380.20 million by 3.48%. This is a 12.38% decrease from the same period last year.
November 03, 2023 | 11:27 am
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US Silica Holdings' Q3 earnings and sales missed estimates, indicating a potential negative impact on the company's stock price.
US Silica Holdings reported lower than expected earnings and sales for Q3, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100