Solaris Energy Infrastructure Inc reports results for the quarter ended December 31 - Earnings Summary

• Solaris Energy Infrastructure Inc SEI.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of four analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 10 cents to 14 cents per share.

• Revenue rose 52% to $96.30 million from a year ago; analysts expected $94.30 million.

• Solaris Energy Infrastructure Inc's reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $6.25 million.

• Solaris Energy Infrastructure Inc shares had risen by 4.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Solaris Energy Infrastructure Inc is $37.00

This summary was machine generated from LSEG data February 21 at 03:32 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)