Proppant sand producer Atlas Energy Solutions will report its latest quarterly results this Monday after market close. Analysts expect revenue to decline 1.5% year on year, a deceleration from flat revenue in the same quarter last year. The company beat revenue expectations last quarter with $265.6 million, though that was down 10.8% year on year, and it missed earnings per share estimates. Atlas Energy Solutions shares are down 21.6% over the last month, while the oilfield services segment has risen 7% on average, and the average analyst price target is $20.50 compared to the current share price of $10.95.
Atlas Energy Solutions Inc.Earnings report expected to show revenue decline and missed EPS estimates, with shares down 21.6%.