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Atlas Energy Solutions (AESI)
NYSE:AESI
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.18Last Year’s EPS
$0.41Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 28, 2024
|% Change Since: 12.22%
|Next Earnings Date:Mar 04, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there were notable achievements such as the near completion of the Dune Express project, revenue growth, and increased shareholder returns, there were significant operational challenges and pricing pressures in the sand market. The overall sentiment leans towards neutral due to balanced highlights and lowlights.Company Guidance
During the third quarter 2024 earnings call for Atlas Energy Solutions (AESI), the company provided guidance indicating several key metrics and strategic initiatives. Revenues reached $304 million, up 6% sequentially, with adjusted EBITDA at $71.1 million, representing 23% of revenue. The Dune Express project, a critical logistical infrastructure, is on track and nearly complete, with 95% of the belt placed on the conveyor, enhancing operational efficiencies and environmental impact. Despite challenges, such as higher-than-expected operational expenses at the Kermit facility, Atlas is committed to improving operational excellence and expects OpEx per ton metrics to normalize by year-end. Looking ahead, the company anticipates a prolonged holiday slowdown impacting Q4 volumes but remains optimistic about 2025, with committed volumes already at over 60% of nameplate capacity. Additionally, Atlas announced a 5% increase in its dividend to $0.24 per share and authorized a $200 million share repurchase program, reflecting confidence in its unique position and future cash flow potential.Dune Express Project Near Completion
The Dune Express is on track and on budget with over 95% of the belt placed on the conveyor and major highway and lease roads crossings completed. Expected to improve efficiencies and safety in the Permian Basin.
Revenue Growth
Atlas reported third-quarter revenues of $304 million, marking a 6% increase from the previous quarter.
Increased Dividend and Share Buyback
Atlas increased its dividend by 5% to $0.24 per share and announced a share repurchase program of up to $200 million over the next 24 months.
Operational Improvements at Kermit Facility
Despite past challenges, the Kermit facility showed significant operational improvements, with record production levels in August, September, and October.
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AESI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AESI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $19.80 | $20.14 | +1.72% |
| Aug 05, 2024 | $17.72 | $18.71 | +5.59% |
| May 06, 2024 | $21.26 | $22.18 | +4.33% |
| Feb 27, 2024 | $17.74 | $19.18 | +8.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Atlas Energy Solutions (AESI) report earnings?
Atlas Energy Solutions (AESI) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Atlas Energy Solutions (AESI) earnings time?
Atlas Energy Solutions (AESI) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AESI EPS forecast?
AESI EPS forecast for the fiscal quarter 2024 (Q4) is $0.18.
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