Home Markets Earnings Estimate Forecast on Carbo Ceramics, Inc.(CRR)

Earnings Estimate Forecast on Carbo Ceramics, Inc.(CRR)


Carbo Ceramics, Inc.(CRR): For the most recent quarter end, Carbo Ceramics, Inc. reported Annual Earnings of $-0.26. For the most recent quarter end, CRR reported a surprise Earnings per Share of 62.86% . The consensus estimate for current quarter is $-1 and for the current fiscal year, the estimate is $-3.13. For the Next fiscal year, the estimate is $-1.21 based on the consensus. Houston based Carbo Ceramics, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 27, 2017.

Carbo Ceramics, Inc. has received $-1 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $-1.17 while the top line estimate is $-0.78 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -85.19%. Carbo Ceramics, Inc. reported better than expected with a surprise EPS of 62.86% or $0.44 during its most recent quarterly earnings. The Actual EPS was $-0.26 compared to the Estimated EPS of $-0.7. According to the corporate earnings calendar, Carbo Ceramics, Inc. will release next earnings on Apr 27, 2017 with an estimated EPS consensus of $-1. Based on the consensus of stock financial advisors the stock has a price target of $13.58. Current year estimate on EPS consensus is $-3.13. The Estimated EPS rate for Long term growth is $10.

Carbo Ceramics, Inc. has a Price to Earnings ratio of for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.65. For the Most Recent Fiscal Year, Carbo Ceramics, Inc. has a price to cash ratio of 36.93. For the Trailing twelve month period, company showed a Net Profit Margin of -77.75% and Return on Equity of the stock is -7.01%.

For Dividend Investing Stock Market Traders Carbo Ceramics, Inc. has a Dividend Yield of 0% with an Annual Dividend of $0.

CARBO Ceramics Last issued its quarterly earnings results on Jan 26, 2017. The company reported $-0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.47. Analyst had a consensus of $-0.73. The company had revenue of $29.10 million for the quarter, compared to analysts expectations of $23.95 million. The companys revenue was down -48.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.60 EPS.

Company has reported several Insider transactions to the SEC, on Nov 7, 2016, John R Bakht (Vice President & Gen. Counsel) purchased 3,000 shares at 6.29 per share price.On Nov 3, 2016, Gary A Kolstad (CEO) purchased 3,000 shares at 6.28 per share price.On Mar 7, 2016, William C Morris (director 10% owner) purchased 38,000 shares at 20.42 per share price.

Carbo Ceramics, Inc. (NYSE:CRR) witnessed a decline in the market cap on Wednesday as its shares dropped 1.47% or 0.22 points. After the session commenced at $14.87, the stock reached the higher end at $15.0928 while it hit a low of $14.65. With the volume soaring to 821,945 shares, the last trade was called at $14.78. The company has a 52-week high of $24.2. The company has a market cap of $398 million and there are 26,902,348 shares in outstanding. The 52-week low of the share price is $5.66.

CARBO Ceramics Inc. is the worlds largest producer and supplier of ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells. Demand for ceramic proppants depends primarily upon the demand for natural gas and oil and on the number of natural gas and oil wells drilled, completed or recompleted worldwide. More specifically, the demand for ceramic proppants is dependent on the number of oil and gas wells that are hydraulically fractured to stimulate production.



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