Uncovering Potential: Atlas Energy Solutions's Earnings Preview

Atlas Energy Solutions (NYSE:AESI) is gearing up to announce its quarterly earnings on Monday, 2024-10-28. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Atlas Energy Solutions will report an earnings per share (EPS) of $0.40.

Atlas Energy Solutions bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.20, leading to a 5.63% increase in the share price the following trading session.

Performance of Atlas Energy Solutions Shares

Shares of Atlas Energy Solutions were trading at $19.63 as of October 24. Over the last 52-week period, shares are up 3.78%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Atlas Energy Solutions

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Atlas Energy Solutions.

Atlas Energy Solutions has received a total of 6 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $25.67, the consensus suggests a potential 30.77% upside.

Understanding Analyst Ratings Among Peers

In this comparison, we explore the analyst ...