Fairmount Santrol Holdings Inc. (FMSA) to Release Quarterly Earnings on Thursday

Fairmount Santrol Holdings Inc. (NYSE:FMSA) is scheduled to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.02. The company had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. Fairmount Santrol Holdings’s quarterly revenue was up 104.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.54) EPS. On average, analysts expect Fairmount Santrol Holdings to post $0.27 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.

Fairmount Santrol Holdings Inc. (FMSA) traded up 3.66% during mid-day trading on Tuesday, reaching $3.97. 580,225 shares of the company’s stock were exchanged. Fairmount Santrol Holdings Inc. has a 1-year low of $2.46 and a 1-year high of $13.12. The firm’s 50-day moving average is $4.15 and its 200 day moving average is $4.03. The stock’s market capitalization is $889.60 million.

A number of equities analysts have recently weighed in on the stock. Jefferies Group LLC cut their price objective on shares of Fairmount Santrol Holdings from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, August 28th. Credit Suisse Group lowered shares of Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $12.00 to $4.00 in a research report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) lowered shares of Fairmount Santrol Holdings from a “neutral” rating to a “sell” rating and cut their price objective for the company from $11.00 to $2.00 in a research report on Thursday, July 20th. Citigroup Inc. boosted their price objective on shares of Fairmount Santrol Holdings from $4.25 to $6.00 and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Fairmount Santrol Holdings in a research report on Thursday, July 20th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $6.79.

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About Fairmount Santrol Holdings

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.

Earnings History for Fairmount Santrol Holdings (NYSE:FMSA)

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