Smart Sand Q2 2024 GAAP EPS $(0.01), Inline, Sales $73.800M Beat $68.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
Smart Sand (NASDAQ:SND) reported Q2 2024 GAAP EPS of $(0.01), meeting analyst expectations. The company achieved sales of $73.8 million, surpassing the $68.15 million estimate by 8.29%, despite a 1.31% year-over-year decline.
August 13, 2024 | 8:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Smart Sand reported Q2 2024 GAAP EPS of $(0.01), in line with expectations, and sales of $73.8 million, beating estimates by 8.29%. Sales decreased by 1.31% year-over-year.
The earnings per share met expectations, which is neutral, but the significant beat on sales estimates by 8.29% is positive. The slight year-over-year decline in sales is a minor negative but is outweighed by the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100