Emerge Energy Services LP (EMES), an energy services firm, engages mainly in mining, producing and silica sand distribution businesses. Moreover, the partnership has storage terminals and distributes refined motor fuels.
Currently, Emerge Energy has a Zacks Rank #5 (Strong Sell) but that could change following its fourth quarter 2014 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Earnings: Emerge Energy misses on earnings. Earnings per unit came in at $1.01, below the Zacks Consensus Estimate of $1.16.
Revenue: Revenues of $242.6 million came below the Zacks Consensus Estimate of $304 million.
Key Stats: Sand Segment’s adjusted EBITDA − earnings before interest, taxes, depreciation and amortization − jumped 95.3% from the year-earlier quarter to $40.3 million. The Fuel unit recognized a loss of $1.9 million against the year ago profit of $5.8 million.
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