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Emerge Energy Services LP (NYSE:EMES) is projected to declare fiscal fourth quarter financial results right before the stock market’s official open on March 02, 2017. The stock added about 42.3 percent in price since last results when it was at $12.81 a share. Based on the most relevant past-periods data, there is an 61.54 percent probability for this firm’s share price to go down following next quarterly results. Earnings reaction history tells us that the equity price moved down 8 times out of last 13 reported quarters. It has beaten earnings-per-share estimates 25% of the time in its last 12 earnings reports. It fell short of earnings estimates on 9 occasions, and it has met expectations 0 time.

Here’s how traders responded to EMES earnings announcements over the past few quarters.

Emerge Energy Services LP (EMES) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was -64.28 percent over the past four quarters. Back on November 2, 2016, it posted earnings per-share earnings at $-1.24 which missed the consensus $-0.92 projection (negative surprise of-34.78%). For the quarter, revenue came in at 31.28M versus consensus estimate of 26.37M. The stock dropped -14.29 percent the session following the earnings reports were released, and on 7th day price change was -18.11 percent.

On August 8, 2016, it reported earnings at $-1.17 a share compared with the consensus estimate of $-0.93 per share (negative surprise of -25.81%). Revenue of 24.83M for that quarter was below the $25.04M analysts had expected. The stock climbed 19.32% the day following the earnings announcement, and on 7th day price change was 30.23%.

On May 10, 2016, it recorded $-1.43 a share in earnings which missed the consensus estimate of $-0.59 (negative surprise of -142.37%). Revenue for the quarter was $110.15M while analysts called for revenues to be $121.76M. The stock dropped -4.53% the day following the earnings data was made public, and on 7th day price change was 12.75%.

On February 25, 2016, it announced earnings per share at $-0.37 versus the consensus estimate of $-0.24 per share (negative surprise of -54.17%). That came on revenues of $130.51M for that period. Analysts had expected $172.78M in revenue.

Emerge Energy Services LP Earnings Estimates

As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $-0.62. The analysts’ present consensus range is $-1.06-$-0.33 for EPS. The market consensus range for revenue is between $43.4M and $55.8M, with an average of $49.39M.

Emerge Energy Services LP (NYSE:EMES) last ended at $17.57, sending the company’s market cap near $484.46M. The consensus 12-month price target from analysts covering the stock is $14. The share price has declined -7.33% from its top level in 52 weeks and dropped 42.73% this year. It recently traded in a range of $16.85-$18.22 at a volume of 534041 shares. The recent trading ended with the price nearly 13.72 higher for the last 5 trading days, rebounding 503.78% from its 52-week low.