Smart Sand Q4 2023 GAAP EPS $(0.12) Misses $(0.07) Estimate, Sales $61.947M Beat $57.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Smart Sand (NASDAQ:SND) reported Q4 2023 earnings with a GAAP EPS of $(0.12), missing the $(0.07) estimate, but sales of $61.947M exceeded the $57.700M estimate. This represents a 16.09% decrease in sales compared to the same period last year.
March 11, 2024 | 9:05 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Smart Sand reported a Q4 2023 GAAP EPS of $(0.12), missing estimates, but exceeded sales expectations with $61.947M. Sales decreased 16.09% compared to last year.
The mixed results from Smart Sand's Q4 2023 report, with a miss on EPS but a beat on sales estimates, could lead to neutral short-term stock price movement. The significant decrease in sales compared to the previous year might concern investors, but the beat on sales estimates could offset negative sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100