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.  

EMERGE ENRG SVC Price and EPS Surprise

EMERGE ENRG SVC Price and EPS Surprise | EMERGE ENRG SVC Quote

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