Earnings Preview: US Silica Holdings

On Thursday, July 29, US Silica Holdings SLCA will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on US Silica Holdings management projections, analysts predict EPS of $0.15 on revenue of $269.20 million. US Silica Holdings EPS in the same period a year ago totaled $0.09. Sales were $172.54 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 66.67% decrease in the company's earnings. Revenue would be up 56.02% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate -0.28 -0.35 -0.35 -0.51
EPS Actual -0.28 -0.26 -0.15 -0.09
Revenue Estimate 219.60 M 189.73 M 175.18 M 143.57 M
Revenue Actual 234.42 M 227.28 M 176.47 M 172.54 M

eps graph

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

For a full 12 months, the return has risen by 175.28%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. US Silica Holdings is scheduled to hold the call at 09:00:00 ET and can be accessed here.

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