Solaris Oilfield Infrastructure(US:SOI) ZACKSยท2024-07-19 17:16Core Viewpoint - Solaris Oilfield Infrastructure has demonstrated a strong earnings performance, consistently beating consensus estimates, which positions the company favorably for future earnings reports [1][3][5]. Earnings Performance - For the last reported quarter, Solaris Oilfield Infrastructure reported earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, resulting in a surprise of 23.08% [1]. - In the previous quarter, the company was expected to post earnings of $0.14 per share but delivered $0.15 per share, achieving a surprise of 7.14% [1]. - The company has an average surprise of 15.11% over the past two quarters, indicating a strong track record of exceeding earnings estimates [3]. Earnings Estimates and Predictions - Estimates for Solaris Oilfield Infrastructure have been trending higher, influenced by its history of earnings surprises [4]. - The company currently has an Earnings ESP of +14.29%, suggesting that analysts are optimistic about its earnings prospects [5]. - The positive Earnings ESP, combined with a Zacks Rank of 2 (Buy), indicates a strong possibility of another earnings beat in the upcoming report [5]. Industry Context - Solaris Oilfield Infrastructure operates within the Zacks Oil and Gas - Field Services industry, which is characterized by companies that often exceed earnings estimates [7].