U.S. Silica (SLCA) Reports Q3 EPS of 72c, Suspends Adjusted EBITDA Guidance
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U.S. Silica (NYSE: SLCA) reported Q4 EPS of $0.72, may not compare to the analyst estimate of $0.75. Revenue for the quarter came in at $249.6 million versus the consensus estimate of $244.57 million. Adjusted EBITDA was $67.0 million or 27% of revenue versus $35.9 million or 24% of revenue for the same period last year.
Outlook and Guidance
Due to the current lack of visibility in our oil and gas business, the Company has decided to suspend guidance of Adjusted EBITDA until such time as we can gain more clarity around our customers' business activity levels and the associated demand for our products. Based on current market conditions, the Company anticipates that its capital expenditures for 2015 will be in a range of $100 million to $120 million.
For earnings history and earnings-related data on U.S. Silica (SLCA) click here.
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