CARBO Ceramics (NYSE:CRR) will be posting its quarterly earnings results before the market opens on Thursday, October 25th. Analysts expect CARBO Ceramics to post earnings of ($0.34) per share for the quarter.
CARBO Ceramics (NYSE:CRR) last released its quarterly earnings results on Thursday, July 26th. The oil and gas company reported ($0.55) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.53) by ($0.02). The firm had revenue of $58.00 million for the quarter, compared to the consensus estimate of $62.51 million. CARBO Ceramics had a negative net margin of 49.19% and a negative return on equity of 20.28%. The company’s revenue for the quarter was up 33.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.93) earnings per share. On average, analysts expect CARBO Ceramics to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.
CARBO Ceramics stock opened at $6.20 on Thursday. The stock has a market cap of $201.12 million, a price-to-earnings ratio of -1.68 and a beta of 1.44. CARBO Ceramics has a 52-week low of $6.10 and a 52-week high of $12.69. The company has a quick ratio of 1.60, a current ratio of 2.82 and a debt-to-equity ratio of 0.16.
CARBO Ceramics Company Profile
CARBO Ceramics Inc, a technology company, provides products and services to the oil and gas, and industrial markets worldwide. The company operates in two segments, Oilfield Technologies and Services, and Environmental Products and Services. The Oilfield Technologies and Services segment manufactures and sells ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells to pressure pumping companies; produces ceramic pellets for use in various industrial technology applications, such as casting and milling; and provides technology to design, build, and optimize the Frac.
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