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BRIEF-Hi-Crush Inc Posts Q4 Loss Per Share Of $0.21

Reuters logo Reuters 2/19/2020

Feb 19 (Reuters) - Hi-Crush Inc:

* . REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS

* Q4 ADJUSTED LOSS PER SHARE $0.13 EXCLUDING ITEMS

* Q4 LOSS PER SHARE $0.21

* Q4 REVENUE $125.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $132.7 MILLION

* Q4 EARNINGS PER SHARE ESTIMATE $-0.16 -- REFINITIV IBES DATA

* CURRENTLY EXPECTS TRUCKLOADS DELIVERED TO INCREASE BY MORE THAN 25% DURING Q1 OF 2020

* CURRENTLY EXPECTS FRAC SAND VOLUMES SOLD TO INCREASE BY 15% TO 25% TO 2.4 TO 2.6 MILLION TONS IN Q1

* TRUCKLOADS DELIVERED TOTALED 63,076 AND SAND SALES VOLUMES WERE 2,106,622 DURING Q4 OF 2019

* UPDATED ITS EXPECTED CAPITAL EXPENDITURES FOR FULL YEAR 2020 TO A RANGE OF $45 TO $60 MILLION

* "EXPECTS TO DEPLOY SILO SETS THROUGHOUT REMAINDER OF 2020 TO EXISTING AND NEW CUSTOMERS" Source text for Eikon: Further company coverage:

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