Atlas Energy Q1 adjusted core profit misses analyst estimates

ReutersMay 4, 2026 8:48 PM

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Overview

U.S. energy logistics and power provider's Q1 revenue rose 6.5% sequentially
Adjusted EBITDA for Q1 missed analyst expectations
Company posted net loss, citing higher plant costs after severe winter weather

Outlook

Atlas expects Q2 2026 Adjusted EBITDA of about $50 mln
Company expects volumes to remain elevated for the rest of 2026
Atlas targeting over 550 MW of power generation capacity deployed by mid-2027

Result Drivers

HIGHER OPERATING COSTS - Q1 results were impacted by increased plant operating costs following severe winter weather and unplanned maintenance at the Kermit facility, per CEO John Turner
HIGHER SALES VOLUMES - Proppant product sales volumes rose 7.5% from Q4 2025, supporting product revenue growth

Company press release: ID:nBw8tsWyXa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Net Income		-$47.3 mln
Q1 Adjusted EBITDA	Miss	$28.4 mln	$29.45 mln (12 Analysts)
Q1 Adjusted EBITDA Margin		11.00%

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the construction materials peer group is "buy"
Wall Street's median 12-month price target for Atlas Energy Solutions Inc is $14.00, about 18.3% below its May 1 closing price of $17.13

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

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