CARBO Announces First Quarter 2016 Results
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Carbo Ceramics (CRR) Misses Q1 EPS by 17c
April 28, 2016 9:43 AM EDTBefore the open, Carbo Ceramics (NYSE: CRR) reported Q1 EPS of ($1.07), $0.17 worse than the analyst estimate of ($0.90). Revenue for the quarter came in at $40.6 million versus the consensus estimate of $38.86 million.
CEO Gary Kolstad commented, "Continued low commodity prices further reduced industry activity levels during the first quarter of 2016 as the North American average rig count declined 57% compared to... More
