KATY, Texas - U.S. Silica Holdings, Inc. (NYSE: SLCA), a diversified producer of silica and other industrial minerals, has scheduled the release of its fourth-quarter and full-year financial results for the period ending December 31, 2023. The company will publish the report before the New York Stock Exchange opens on Tuesday, February 27, 2024.
Following the release, U.S. Silica will host a conference call on the same day at 7:30 a.m. Central Time. Bryan Shinn, the Chief Executive Officer, along with Kevin Hough, the interim Executive Vice President and Chief Financial Officer, will lead the call to discuss the financial outcomes. Interested parties can access the live webcast of the call through the company's website in the "Investors- Events & Presentations" section or by dialing in via telephone.
For those unable to listen to the live event, a replay will be available shortly after the call's conclusion and can be accessed by phone until March 27, 2024, using the conference ID 13744295.
U.S. Silica, established over a century ago, has a presence in the Russell 2000 index and operates 26 mines and facilities across the United States. The company's portfolio includes EP Minerals and SandBox Logistics™, subsidiaries known for their production of diatomaceous earth products and innovative proppant logistics solutions, respectively.
The announcement of the earnings release and investor call is based on a press release statement from U.S. Silica Holdings, Inc.
InvestingPro Insights
As U.S. Silica Holdings, Inc. (NYSE: SLCA) gears up to unveil its financial results for the fourth quarter and full year, investors are keeping a close eye on the company's performance metrics. According to real-time data from InvestingPro, U.S. Silica boasts a market capitalization of $815.52 million and has demonstrated a robust P/E ratio of 5.41, with a slight adjustment to 5.56 over the last twelve months as of Q3 2023. These figures highlight the company’s profitability in the recent period.
InvestingPro Tips suggest that U.S. Silica's stock price movements have been somewhat of a mixed bag recently. While the stock is known to generally trade with low price volatility, it is currently trading near its 52-week low, indicating potential undervaluation. With a price/book ratio at an even 1.0, it aligns with the company's tangible asset value. Furthermore, analysts predict the company will maintain profitability this year, supported by a strong gross profit margin of 33.9% and a significant EBITDA growth of 72.45% over the last twelve months as of Q3 2023.
Despite a challenging quarter with a -12.38% revenue growth, the company has a solid foundation with liquid assets that exceed short-term obligations, indicating financial stability. Investors may also find solace in the fact that U.S. Silica has been profitable over the last twelve months. However, it's worth noting that the company does not pay a dividend, which might influence the investment strategy for income-focused shareholders.
For those considering a deeper analysis, InvestingPro offers additional insights into U.S. Silica's financial health and future prospects. To explore these further, readers can visit InvestingPro's dedicated page for SLCA, where more than 6 additional InvestingPro Tips are available. And for those ready to take the next step, use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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