U.S. Silica Holdings, Inc. (NYSE:SLCA) producer and seller of commercial silica, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.35 per share.
Looking ahead, the full year loss are expected at $ 0.94 per share on the revenues of $ 790.58 million.
Previous Quarter Performance
U.S. Silica Holdings, Inc. came out with loss for the second quarter of $ 0.09 per share, from the revenue of $ 172.54 million. The quarterly revenues shrunk 56.30 percent compared with the same quarter last year. Wall street analysts are predicting, SLCA to report 2Q20 loss of $ 0.51 per share from revenue of $ 143.57 million. The bottom line results beat street analysts by $ 0.42 or 82.35 percent, at the same time, top line results outshined analysts by $ 28.97 million or 20.18 percent.
Stock Performance
Shares of U.S. Silica Holdings, Inc. traded low $ -0.18 or -6.57 percent on Wednesday, reaching $ 2.56 with volume of 676.90 thousand shares. U.S. Silica Holdings, Inc. has traded high as $ 2.69 and has cracked $ 2.53 on the downward trend
According to the previous trading day, closing price of $ 2.56, representing a 246.84 % increase from the 52 week low of $ 0.79 and a 58.17 % decrease over the 52 week high of $ 6.55.
The company has a market capital of $ 189.16 million and is part of the Basic Materials sector and Industrial Metals & Minerals industry.
Conference Call
U.S. Silica Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ussilica.com
U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States.