Diluted earnings per share came in at $0.04, but that was actually a result of a tax benefit of $0.09 per share. Excluding that tax benefit and some restructuring costs, earnings per share from continuing operations was a loss of ($0.03).
Q4/2015 & Q1/2016 with no guidance
or hope about profits and growth.
Listening to the Earnings call this morning it sounded like the bottom is falling out. Going from bad to worse into 4thQt with 2016 not looking any better.
New 52 week low today also.
Beats the bank.
Will have to wait and see. Sounds good for 2016 maybe.
Unbelievable, by it looks like it could be true unfortunately. I believe when the oil market recovers to some form of normal SLCA will regain a fair amount of these losses. Not saying $70's but fair amount. Would like to see at least $45 in the next 12-18mos.
How long can SLCA hold out under these conditions. Hoping they don't deteriorate
any faster or longer.
11:23 EDT - T-Mobile (TMUS) CEO gave his semi-regular speech about industry consolidation and desire for others to own wireless assets. He stressed cable's interest in owning wireless and scoffed at the idea that Comcast's (CMCSA) wireless strategy is to wholesale cellular service from Verizon (VZ). When it comes to merging with Sprint (S), he said TMUS could buy the company, which would "pick them up off the sidewalk." He gave a hint to the state of talks with Dish (DISH) by referring to them in the past tense.