Solaris Energy Infrastructure (SEI) Scheduled to Post Earnings on Monday

Solaris Energy Infrastructure (NASDAQ:SEI) is set to announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Solaris Energy Infrastructure (NASDAQ:SEI) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $73.89 million during the quarter, compared to the consensus estimate of $70.00 million. Solaris Energy Infrastructure had a return on equity of 9.04% and a net margin of 7.04%. On average, analysts expect Solaris Energy Infrastructure to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Solaris Energy Infrastructure Stock Down 1.7 %

Shares of SEI opened at $12.92 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.10 and a debt-to-equity ratio of 0.22. Solaris Energy Infrastructure has a 1-year low of $6.59 and a 1-year high of $14.40. The company has a market capitalization of $568.48 million, a P/E ratio of 20.19 and a beta of 1.22.

Analysts Set New Price Targets

Separately, Stifel Nicolaus upped their price objective on shares of Solaris Energy Infrastructure from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, October 11th.

Solaris Energy Infrastructure Company Profile

Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.