U.S. Silica (SLCA) Reports In-Line Q1 EPS

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Stifel Defends U.S. Silica Holdings (SLCA)

April 30, 2021 12:21 PM EDT

Stifel analyst Stephen Gengaro sees weakness in U.S. Silica Holdings (NYSE: SLCA) as an overreaction.

He commented, "Despite posting better-than-expected revenue, volumes, and EBITDA, U.S. Silica shares are down roughly 17% currently. We believe this is related to: 1) slightly weaker-than-expected 1Q Industrial & Specialty... More