Fairmount Santrol Holdings Inc. (FMSA) Scheduled to Post Quarterly Earnings on Thursday
Fairmount Santrol Holdings Inc. (NYSE:FMSA) is set to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Fairmount Santrol Holdings (NYSE:FMSA) last announced its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The business had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. During the same period in the previous year, the business earned ($0.54) earnings per share. The company’s revenue was up 104.2% on a year-over-year basis. On average, analysts expect Fairmount Santrol Holdings to post $0.27 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.
Fairmount Santrol Holdings Inc. (NYSE FMSA) opened at 4.31 on Wednesday. Fairmount Santrol Holdings Inc. has a 12 month low of $2.46 and a 12 month high of $13.12. The firm’s market capitalization is $965.78 million. The firm’s 50-day moving average is $4.19 and its 200 day moving average is $4.03.
Several research analysts have commented on the stock. BidaskClub raised shares of Fairmount Santrol Holdings from a “sell” rating to a “hold” rating in a report on Wednesday. Zacks Investment Research downgraded shares of Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a report on Monday. Cowen and Company set a $6.00 price target on shares of Fairmount Santrol Holdings and gave the company a “buy” rating in a report on Friday, August 4th. Piper Jaffray Companies reissued a “buy” rating and issued a $4.50 price target on shares of Fairmount Santrol Holdings in a report on Monday, August 7th. Finally, KeyCorp reissued an “overweight” rating and issued a $6.50 price target on shares of Fairmount Santrol Holdings in a report on Wednesday, October 4th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $6.79.
About Fairmount Santrol Holdings
Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.
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