Smart Sand (SND) reported earnings on Thur 16 March 2017 (b/o)

** charts after earnings **

  

Smart Sand beats by $0.02, misses on revs; sees FY17 capex at about $55 mln :

• Reports Q4 (Dec) GAAP earnings of $0.40 per share, $0.02 better than the Capital IQ Consensus of $0.38; revenues rose 94.1% year/year to $29.45 mln vs the $29.75 mln Capital IQ Consensus.
• Overall tons sold were ~274k in the fourth quarter of 2016, compared with ~107,200 tons sold in the fourth quarter of 2015 and 229,700 tons for the third quarter of 2016, increases of 156% and 19%, respectively.
• The co estimates that capital expenditures will be ~$55 mln in 2017.