EPS for CARBO Ceramics Inc. (CRR) Expected At $-0.83

July 18, 2017 - By Henry Gaston

 EPS for CARBO Ceramics Inc. (CRR) Expected At $ 0.83
Investors sentiment decreased to 1.17 in Q4 2016. Its down 0.52, from 1.69 in 2016Q3. It dived, as 32 investors sold CARBO Ceramics Inc. shares while 26 reduced holdings. 25 funds opened positions while 43 raised stakes. 20.52 million shares or 6.30% less from 21.90 million shares in 2016Q3 were reported.
California Pub Employees Retirement Sys, a California-based fund reported 264,900 shares. Citigroup reported 322,785 shares. Legal And General Group Public Ltd Company has invested 0% in CARBO Ceramics Inc. (NYSE:CRR). Hotchkis & Wiley Capital Management Limited Com reported 0% in CARBO Ceramics Inc. (NYSE:CRR). Heartland Inc has 836,590 shares for 0.48% of their portfolio. Pinebridge Invests Lp reported 2,330 shares stake. California State Teachers Retirement has invested 0% in CARBO Ceramics Inc. (NYSE:CRR). Bank & Trust Of America De accumulated 59,838 shares. Grp One Trading L P reported 0.01% of its portfolio in CARBO Ceramics Inc. (NYSE:CRR). Horizon Kinetics Ltd Liability Corp holds 0.01% or 21,838 shares in its portfolio. Segment Wealth Limited Co has invested 0.06% of its portfolio in CARBO Ceramics Inc. (NYSE:CRR). Deutsche Retail Bank Ag reported 31,344 shares. Great West Life Assurance Can invested 0% of its portfolio in CARBO Ceramics Inc. (NYSE:CRR). Amp Cap Limited reported 0% of its portfolio in CARBO Ceramics Inc. (NYSE:CRR). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 290 shares or 0% of all its holdings.

Since May 3, 2017, it had 3 insider buys, and 0 selling transactions for $209,940 activity. Another trade for 20,000 shares valued at $127,400 was bought by Kolstad Gary A. 5,000 CARBO Ceramics Inc. (NYSE:CRR) shares with value of $31,900 were bought by BAUTISTA ERNESTO III. Another trade for 8,000 shares valued at $50,640 was made by Conkle Don P on Wednesday, May 3.

Investors wait CARBO Ceramics Inc. (NYSE:CRR) to report on July, 27. its quarterly earnings Wall Street analysts expect $-0.83 earnings per share, down $0.33 or 66.00 % from last year’s $-0.5 same quarter earnings. CARBO Ceramics Inc.’s Wall Street analysts see -31.97 % EPS growth, taking into account the $-1.22 EPS reproted in the previous quarter, The stock increased 2.90% or $0.21 during the last trading session, reaching $7.28. About 721,091 shares traded. CARBO Ceramics Inc. (NYSE:CRR) has declined 19.88% since July 18, 2016 and is downtrending. It has underperformed by 36.58% the S&P500.

CARBO Ceramics Inc. (NYSE:CRR) Ratings Coverage

Among 7 analysts covering Carbo Ceramics Inc. (NYSE:CRR), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Carbo Ceramics Inc. had 17 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by KLR Group given on Monday, December 14. The rating was maintained by Howard Weil on Friday, January 29 with “Sector Perform”. The firm has “Hold” rating given on Friday, July 7 by Cowen & Co. Iberia Capital Partners downgraded the stock to “Underperform” rating in Monday, September 21 report. The stock of CARBO Ceramics Inc. (NYSE:CRR) has “Sector Perform” rating given on Tuesday, June 7 by Howard Weil. The firm earned “Buy” rating on Monday, November 30 by Guggenheim. The firm has “Market Perform” rating given on Wednesday, May 10 by Cowen & Co. The rating was maintained by Cowen & Co on Monday, February 6 with “Market Perform”. Howard Weil maintained the shares of CRR in report on Friday, October 28 with “Sector Perform” rating. The firm earned “Market Perform” rating on Friday, October 30 by Cowen & Co.

CARBO Ceramics Inc. is a technology firm that provides services and products to the global gas and oil and industrial markets. The company has market cap of $197.86 million. The Firm operates through two divisions: Oilfield Technologies and Services, and Environmental Products and Services. It currently has negative earnings. The Company’s oilfield technologies and services segment includes the manufacturing and selling of proppant products for use primarily in the hydraulic fracturing of oil and natural gas wells, Fracpro software for the design of fracture treatments, and StrataGen consulting services for the optimizing of well completions.

More notable recent CARBO Ceramics Inc. (NYSE:CRR) news were published by: Seekingalpha.com which released: “CARBO Ceramics’ (CRR) CEO Gary Kolstad on Q4 2016 Results – Earnings Call …” on January 27, 2017, also Seekingalpha.com with their article: “Carbo Ceramics: Wilks Brothers Companies Have Opened The Coffin” published on April 09, 2017, Fool.com published: “CARBO Ceramics Inc.’s Stock Gets Crushed After Reporting Atrocious Earnings” on October 27, 2016. More interesting news about CARBO Ceramics Inc. (NYSE:CRR) were released by: Seekingalpha.com and their article: “CARBO Ceramics: Is The Final Nail In The Coffin?” published on October 18, 2016 as well as Seekingalpha.com‘s news article titled: “Carbo Ceramics Is Oversold Right Now” with publication date: May 05, 2017.

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