U.S. Silica (SLCA) Tops Q3 EPS by 10c

U.S. Silica (NYSE: SLCA) reported Q3 EPS of $0.79, $0.10 better than the analyst estimate of $0.69. Revenue for the quarter came in at $241.3 million versus the consensus estimate of $231.7 million.

Bryan Shinn, president and chief executive officer commented, "I'm extremely pleased with our performance during the quarter. Contribution margin for our Oil and Gas segment almost doubled year-over-year, volumes were up significantly and we continue to see very strong demand for our high quality products. In addition, our Cadre acquisition is performing above our initial expectations and our Industrial and Specialty Products business is making steady progress in expanding margins and growing their bottom line."

For earnings history and earnings-related data on U.S. Silica (SLCA) click here.

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