US Silica Holdings (SLCA) Tops Q2 EPS by 10c, Provides Outlook

US Silica Holdings (NYSE: SLCA) reported Q2 EPS of $0.55, $0.10 better than the analyst estimate of $0.45. Revenue for the quarter came in at $205.8 million versus the consensus estimate of $189.72 million.

Outlook and Guidance

The Company is increasing the guidance it provided in its press release dated April 29, 2014. For the full-year 2014, the Company now anticipates Adjusted EBITDA in the range of $215 million to $225 million, which includes a small contribution from our Cadre acquisition. The Company is also revising guidance for capital expenditures and its full-year effective tax rate. The Company now expects capital expenditures in the range of $95 million to $105 million and an effective tax rate of approximately 27 percent.

For earnings history and earnings-related data on US Silica Holdings (SLCA) click here.

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