Recap: Solaris Oilfield Infra Q2 Earnings

Solaris Oilfield Infra (NYSE:SOI) reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Solaris Oilfield Infra (NYSE:SOI) reported its Q2 earnings results on Monday, August 1, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Solaris Oilfield Infra beat estimated earnings by 53.85%, reporting an EPS of $0.2 versus an estimate of $0.13.

Revenue was up $51.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 5.44% increase in the share price the next day.

Here’s a look at Solaris Oilfield Infra’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.05 -0.01 -0.01 -0.03
EPS Actual 0.11 0.02 -0.01 -0.03
Revenue Estimate 52.12M 44.54M 33.17M 29.40M
Revenue Actual 56.91M 45.96M 49.38M 35.18M

To track all earnings releases for Solaris Oilfield Infra visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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