Carbo Ceramics (CRR) Misses Q2 EPS by 2c

Carbo Ceramics (NYSE: CRR) reported Q2 EPS of ($0.55), $0.02 worse than the analyst estimate of ($0.53). Revenue for the quarter came in at $58 million versus the consensus estimate of $60.14 million.

CEO Gary Kolstad commented on the outlook for CARBO stating, "Based on our client discussions and current industry activity, we continue to estimate our full year 2018 revenue to approximate $250 million. As a result, we expect continued improvement in revenue and positive EBITDA with strong incremental margins year-on-year in the second half of 2018.

For earnings history and earnings-related data on Carbo Ceramics (CRR) click here.

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