Smart Sand (SND) Reports Break-Even Earnings for Q3

Company Performance - Smart Sand (SND) reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.01, and compared to earnings of $0.18 per share a year ago, representing an earnings surprise of -100% [1] - The company posted revenues of $63.16 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 5.45%, and down from year-ago revenues of $76.9 million [2] - Over the last four quarters, Smart Sand has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates three times [2] Stock Outlook - Smart Sand shares have increased approximately 33.4% since the beginning of the year, outperforming the S&P 500's gain of 25.8% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for future stock performance [4] - The estimate revisions trend for Smart Sand is currently favorable, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Future Estimates - The current consensus EPS estimate for the coming quarter is $0.03 on $62.9 million in revenues, and $0.03 on $286.6 million in revenues for the current fiscal year [7] - The outlook for the industry, specifically the Oil and Gas - Field Services sector, is currently in the top 35% of Zacks industries, which can significantly impact stock performance [8]