Wall Street brokerages forecast that Hi-Crush Inc. (NYSE:HCR) will announce earnings of ($0.05) per share for the current quarter, according to Zacks. Six analysts have provided estimates for Hi-Crush’s earnings, with the highest EPS estimate coming in at ($0.03) and the lowest estimate coming in at ($0.07). Hi-Crush reported earnings per share of $0.36 during the same quarter last year, which suggests a negative year-over-year growth rate of 113.9%. The company is expected to report its next earnings results on Tuesday, October 29th.

On average, analysts expect that Hi-Crush will report full-year earnings of ($0.20) per share for the current year, with EPS estimates ranging from ($0.25) to ($0.12). For the next year, analysts expect that the firm will post earnings of ($0.05) per share, with EPS estimates ranging from ($0.25) to $0.20. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Hi-Crush.

Hi-Crush (NYSE:HCR) last posted its earnings results on Tuesday, August 6th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.03. Hi-Crush had a negative net margin of 14.99% and a positive return on equity of 1.87%. The company had revenue of $178.00 million during the quarter, compared to the consensus estimate of $170.08 million.

A number of analysts have commented on HCR shares. TheStreet lowered Hi-Crush from a “c-” rating to a “d” rating in a report on Tuesday, September 3rd. AltaCorp Capital downgraded Hi-Crush from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, July 30th. ValuEngine upgraded Hi-Crush from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st. Zacks Investment Research cut Hi-Crush from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 6th. Finally, Piper Jaffray Companies set a $2.00 price target on Hi-Crush and gave the stock a “hold” rating in a report on Monday, August 12th. Three investment analysts have rated the stock with a sell rating and one has issued a hold rating to the company’s stock. The stock currently has an average rating of “Sell” and a consensus price target of $2.00.

NYSE HCR traded up $0.21 during trading hours on Friday, hitting $1.99. The company’s stock had a trading volume of 1,490,257 shares, compared to its average volume of 1,037,521. The stock has a market capitalization of $163.13 million, a P/E ratio of 1.34 and a beta of 1.95. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.29 and a quick ratio of 1.03. Hi-Crush has a 52 week low of $1.27 and a 52 week high of $12.90. The company’s 50-day moving average price is $1.76.

About Hi-Crush

Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.

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Earnings History and Estimates for Hi-Crush (NYSE:HCR)

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