Hi-Crush Inc. (NYSE:HCR) Expected to Post Earnings of -$0.05 Per Share
Brokerages predict that Hi-Crush Inc. (NYSE:HCR) will announce ($0.05) earnings per share for the current quarter, according to Zacks. Six analysts have issued estimates for Hi-Crush’s earnings, with estimates ranging from ($0.07) to ($0.03). Hi-Crush reported earnings of $0.36 per share during the same quarter last year, which would indicate a negative year over year growth rate of 113.9%. The company is expected to issue its next earnings results on Tuesday, October 29th.
According to Zacks, analysts expect that Hi-Crush will report full year earnings of ($0.20) per share for the current fiscal year, with EPS estimates ranging from ($0.25) to ($0.12). For the next year, analysts expect that the firm will post earnings of ($0.05) per share, with EPS estimates ranging from ($0.25) to $0.20. Zacks’ EPS calculations are an average based on a survey of analysts that cover Hi-Crush.
Hi-Crush (NYSE:HCR) last issued its quarterly earnings data on Tuesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.03. Hi-Crush had a negative net margin of 14.99% and a positive return on equity of 1.87%. The company had revenue of $178.00 million during the quarter, compared to the consensus estimate of $170.08 million.
Shares of HCR traded up $0.21 during mid-day trading on Friday, reaching $1.99. 1,490,257 shares of the stock traded hands, compared to its average volume of 1,037,521. The firm has a fifty day moving average of $1.76. Hi-Crush has a 12-month low of $1.27 and a 12-month high of $12.90. The company has a current ratio of 1.29, a quick ratio of 1.03 and a debt-to-equity ratio of 0.76. The stock has a market cap of $163.13 million, a price-to-earnings ratio of 1.34 and a beta of 1.95.
Hi-Crush Company Profile
Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.
Further Reading: Price-Sales Ratio
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