Earnings Preview: Atlas Energy Solutions Inc. (AESI) Q2 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Atlas Energy Solutions Inc. (AESI) despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected on August 4, with a consensus estimate of $0.14 per share, reflecting a year-over-year decrease of 12.5%. Revenues are projected to be $301.24 million, an increase of 4.8% from the previous year [3]. - The consensus EPS estimate has been revised down by 9.21% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +11.11% for Atlas Energy Solutions, suggesting recent bullish sentiment among analysts [12]. - However, the company holds a Zacks Rank of 5 (Strong Sell), complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Atlas Energy Solutions was expected to earn $0.18 per share but only achieved $0.08, resulting in a surprise of -55.56% [13]. - The company has not surpassed consensus EPS estimates in any of the last four quarters [14]. Industry Comparison - Cactus, Inc. (WHD), a peer in the oil and gas sector, is expected to report an EPS of $0.67, down 17.3% year-over-year, with revenues projected at $275.61 million, a decrease of 5.1% [18]. - Cactus has a Zacks Rank of 5 and an Earnings ESP of 0%, making it similarly challenging to predict an earnings beat [20].