CARBO Ceramics Inc. (CRR) reported third quarter net income of $14.4 million or $0.62 per share, compared to $18.42 million or $0.75 per share last year.
Income from continuing operations was $14.4 million or $0.62 per share, compared to $15.31 million or $0.62 per share in the same quarter last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share. Analysts' estimates typically exclude special items.
Revenues declined to $91.78 million from $102.59 million in the year ago quarter. Four analysts estimated revenues of $69.39 million.
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