Recap: US Silica Holdings Q1 Earnings

Shares of US Silica Holdings SLCA fell 2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 62.50% over the past year to ($0.03), which beat the estimate of ($0.43).

Revenue of $269,599,000 less by 28.82% from the same period last year, which missed the estimate of $322,020,000.

Outlook

US Silica Holdings hasn't issued any earnings guidance for the time being.

US Silica Holdings hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 01, 2020

Time: 05:00 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/2nc8uv9c

Technicals

52-week high: $16.85

Company's 52-week low was at $0.79

Price action over last quarter: down 64.06%

Company Overview

U.S. Silica is one of the leading suppliers of sand used in hydraulic fracturing of oil and gas wells. The company delivers sand in most major basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Additionally, the company supplies relatively smaller amounts of sand used for various industrial applications, such as glass-making.