Solaris Oilfield Infra Q4 2023 Adj EPS $0.15 Misses $0.19 Estimate, Sales $63.35M Miss $65.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Solaris Oilfield Infra (NYSE:SOI) reported Q4 2023 adjusted EPS of $0.15, missing the $0.19 estimate, and sales of $63.35M, missing the $65.55M estimate. This represents a 24.64% decrease in sales compared to the same period last year.
February 26, 2024 | 10:29 pm
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Solaris Oilfield Infra reported lower than expected Q4 2023 earnings and sales, with a significant decrease in sales compared to the previous year.
Missing both EPS and sales estimates, especially with a significant year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price of Solaris Oilfield Infra in the short term.
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