Emerge Energy Services LP , an energy services firm, engages mainly in mining, producing and silica sand distribution businesses. Moreover, the partnership has storage terminals and distributes refined motor fuels.
Currently, Emerge Energy has a Zacks Rank #3 (Hold) but that could change following its second quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Earnings: The partnership reported loss per unit of 95 cents wider than the Zacks Consensus Estimate of a loss of 93 cents.
Revenue: Revenues of approximately $24.8 million surpassed the Zacks Consensus Estimate of $23 million.
Key Stats: Emerge Energy Services has earlier classified its fuel business as discontinued operations as the partnership is willing to sell the unit. The entire earnings of the partnership are now from the sand segment which incurred adjusted loss from continuing operation of $17.6 million. In the year-ago quarter, the company had generated a profit of $11.6 million.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Emerge Energy Services LP , an energy services firm, engages mainly in mining, producing and silica sand distribution businesses. Moreover, the partnership has storage terminals and distributes refined motor fuels.
Currently, Emerge Energy has a Zacks Rank #3 (Hold) but that could change following its second quarter 2016 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Earnings: The partnership reported loss per unit of 95 cents wider than the Zacks Consensus Estimate of a loss of 93 cents.
Revenue: Revenues of approximately $24.8 million surpassed the Zacks Consensus Estimate of $23 million.
Key Stats: Emerge Energy Services has earlier classified its fuel business as discontinued operations as the partnership is willing to sell the unit. The entire earnings of the partnership are now from the sand segment which incurred adjusted loss from continuing operation of $17.6 million. In the year-ago quarter, the company had generated a profit of $11.6 million.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>