Atlas Energy Solutions Inc. Bottom Line Declines In Q4, Misses Estimates

Atlas Energy Solutions Inc. (AESI) revealed a profit for fourth quarter that decreased from last year and missed the Street estimates.

The company's bottom line came in at $14.40 million, or $0.13 per share. This compares with $35.74 million, or $0.36 per share, last year.

Analysts on average had expected the company to earn $0.17 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 92.2% to $271.34 million from $141.14 million last year.

Atlas Energy Solutions Inc. earnings at a glance (GAAP) :

-Earnings: $14.40 Mln. vs. $35.74 Mln. last year.
-EPS: $0.13 vs. $0.36 last year.
-Revenue: $271.34 Mln vs. $141.14 Mln last year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com