U.S. Silica Holdings, Inc. Announces First Quarter 2020 Results

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U.S. Silica (SLCA) Misses Q1 EPS by 55c, Revenues Miss

May 1, 2020 6:06 AM EDT

U.S. Silica (NYSE: SLCA) reported Q1 EPS of ($0.98), $0.55 worse than the analyst estimate of ($0.43). Revenue for the quarter came in at $269.6 million versus the consensus estimate of $320.02 million.

First Quarter 2020 Highlights

Total Company

Revenue of $269.6 million for the first quarter of 2020 compared with $339.1 million in the fourth quarter of 2019, down 20% sequentially and down 29% from the first quarter of 2019.Overall tons sold of 4.161 million for the first quarter of 2020 compared with 4.204 million tons sold in the fourth quarter of 2019, down 1% sequentially and down 14% from the first quarter of 2019.Contribution... More