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
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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.
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