Sisecam Resources LP representing limited partner interests Up 5.54% To $25.51 After Earnings

Sisecam Resources LP (SIRE) surpassed earnings projections on 2/1/2023 for Q4 2022.

Sisecam Resources LP representing limited partner interests reported EPS of $0.83. Profits rose 48% year-over-year after reporting an EPS of $0.56 in its year-ago quarter. The positive growth rate signals that the Basic Materials company is performing well amid recent economic conditions.

Sisecam Resources LP representing limited partner interests reported Q4 2022 revenue of $177.1 million. The $177.1 million (0%) negative revenue surprise led to 14% growth year-over-year as the firm reported revenue of $156 million in its year-ago quarter. The higher earnings growth compared to revenue points to Sisecam Resources LP representing limited partner interests improving its profit margin.

The stock is up 5.54% to $25.51 after the report.

Sisecam Resources LP representing limited partner interests's earnings expanded faster than revenues, signaling widening profit margins.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Sisecam Resources LP representing limited partner interests has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 85, putting Sisecam Resources LP representing limited partner interests in the top 25% of stocks. The firm was recently trading at a 52-week high of $24.47 on February 1, 2023 and set a 52-week low on June 17, 2022 at $16.5.

Sisecam Resources LP is engaged in the production and sales of natural soda ash from its facility located in Green River, Wyoming. The company is a member of American Natural Soda Ash Corp, which manages soda ash supply chains. Geographically, the company segments are divided into two that are Domestic segment and International segment which includes ANSAC and CIDT.