U.S. Silica Holdings, Inc. Announces Third Quarter 2019 Results

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U.S. Silica (SLCA) Misses Q3 EPS by 14c, Revenues Miss

October 29, 2019 6:07 AM EDT

U.S. Silica (NYSE: SLCA) reported Q3 EPS of ($0.17), $0.14 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $361.8 million versus the consensus estimate of $395.52 million.

Total Company

Revenue of $361.8 million for the third quarter of 2019 compared with $394.9 million in the second quarter of 2019, down 8% sequentially and down 14% from the third quarter of 2018.Overall tons sold of 4.850 million for the third quarter of 2019 compared with 4.904 million tons sold in the second quarter of 2019, down 1% sequentially and up 1% from... More