U.S. Silica Holdings, Inc. Announces Second Quarter 2018 Results

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U.S. Silica (SLCA) Misses Q2 EPS by 5c, Miss on Revenues

July 31, 2018 6:07 AM EDT

U.S. Silica (NYSE: SLCA) reported Q2 EPS of $0.64, $0.05 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $427.4 million versus the consensus estimate of $447.79 million.

Second Quarter 2018 Highlights

Total Company

Revenue of $427.4 million for the second quarter of 2018 compared with $369.3 million in the first quarter of 2018, up 16% sequentially and 47% over the second quarter of 2017.Overall tons sold of 4.489 million for the second quarter of 2018 compared with 4.129 million tons sold in the first quarter of 2018, up 9% sequentially and 23% over the second quarter of 2017.Contribution margin of $155.9... More