Smart Sand (SND) Stock

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Smart Sand, Inc. (NASDAQ:SND ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Chris Green – Vice President-Accounting and Principal Accounting Officer Chuck Young – Founder and Chief Executive Officer Lee Beckelman – Chief Financial Officer John Young – Chief Operating Officer Conference Call Participants Alec Scheibelhoffer – Stifel Josh Jayne – Daniel Energy Partners Operator Good morning, ladies and gentlemen and welcome to the Smart Sand Q3 2024 Earnings Call. At this time, all lines are in a listen-only mode.

Smart Sand (SND) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.18 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Smart Sand reported strong second quarter results with better than expected volumes, revenues, margins, EBITDA, and free cash flow. Management implemented cost control measures to improve contribution margins and adjusted EBITDA, expecting to be free cash flow positive in 2024. SND is positioned to take advantage of expected increased activity in natural gas basins in 2025, with strong demand in the main operating basins.

2Q 2024 total tons sold of approximately 1.3 million 2Q 2024 revenue of $73.8 million 2Q 2024 net income before income taxes $1.9 million 2Q 2024 adjusted EBITDA of $11.9 million YARDLEY, Penn. , Aug. 13, 2024 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a fully integrated frac and industrial sand supply and services company, a low-cost producer of high quality Northern White frac sand, a proppant logistics solutions provider through both its in-basin transloading terminals and SmartSystems™️ products and services and a provider of industrial product solutions, today announced results for the second quarter of 2024.

Smart Sand (SND) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.17 per share a year ago.

Smart Sand (SND) reported a quarterly loss of $0.01 per share, which was lower than the Zacks Consensus Estimate of $0.05 per share. This is an improvement from the loss of $0.09 per share reported in the same quarter last year.

At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top-performing stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong stock selections.