SND Earnings Prediction
The chart below shows how SND performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SND sees a -6.16% change in stock price 10 days leading up to the earnings, and a -7.31% change 10 days following the report. On the earnings day itself, the stock moves by +0.95%. This data can give you a slight idea of what to expect for the next quarter's release.
SND Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
63.16M
-17.87%
-14.42%
Gross Margin
9.27%
-48.15%
-44.82%
Operating Margin
-4.03%
-163.17%
-183.26%
Net Margin
-0.16%
-101.83%
-72.41%
EPS
-0.00
-100.00%
-100.00%
No Data Available
SND Earnings Analysis
Smart Sand, Inc. Common Stock Corporation (SND.O) Earnings Conference Call
Positive
Free Cash Flow Achievement: 1. Positive Free Cash Flow: Smart Sand generated $3.7 million in free cash flow for Q3 2024, contributing to a total of $11.7 million year-to-date.
Sales Volume Increase: 2. Increased Sales Volumes: Sales volumes for the year increased by 9% compared to 2023, with Q3 volumes reaching just under 1.2 million tons.
COGS Cost Reduction: 3. Cost Reduction in COGS: The cost of goods sold decreased by $6.7 million or 3.4% year-over-year, reflecting ongoing efficiency initiatives.
Capital Return Initiatives: 4. Special Dividend and Share Buyback: The company paid a special dividend of $0.10 per share and announced a share buyback plan of up to $10 million, demonstrating commitment to returning capital to shareholders.
Credit Facility Secured: 5. New Credit Facility: Smart Sand secured a new five-year $30 million revolving credit facility, enhancing financial flexibility and liquidity for future opportunities.
Negative
Sales Volume Decline: 1. Declining Sales Volumes: Smart Sand reported sales volumes of 1.19 million tons in Q3 2024, a 7% decrease from 1.27 million tons in Q2 2024.
Revenue Decline Analysis: 2. Decreased Total Revenues: Total revenues fell to $63.2 million in Q3 2024, down from $73.8 million in Q2 2024, primarily due to lower sand sales volumes and average selling prices.
Declining Contribution Margin: 3. Lower Contribution Margin: The contribution margin dropped to $13.2 million or $11.09 per ton sold in Q3 2024, compared to $19.8 million or $15.53 per ton sold in Q2 2024.
Decline in Adjusted EBITDA: 4. Reduced Adjusted EBITDA: Adjusted EBITDA decreased to $5.7 million in Q3 2024, down from $11.9 million in Q2 2024, attributed to lower sales volumes and average selling prices.
Operating Expenses Increase: 5. Increased Operating Expenses: Total operating expenses rose to $11.4 million in Q3 2024, up from $9.5 million in Q2 2024, including a $1.1 million non-cash charge related to the closure of a fabrication facility.
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SND Earning Call Sentiment
Smart Sand, Inc. (SND) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SND.O
-2.17%Positive
The earnings call summary presents mixed signals. Basic financial performance shows a decline in sales volumes and contribution margin, but positive free cash flow and liquidity are maintained. Product development is promising with new terminals and IPS growth. Market strategy is unclear due to competitive pressures and economic factors. Expenses have increased, impacting financial health negatively. Shareholder returns are positive with dividends and buybacks. The Q&A indicates potential pricing improvements but lacks clarity on IPS volume growth. Overall, the stock price is likely to remain stable, with a potential slight upward bias.
