It's Hard to See What Wall Street Didn't Like in U.S. Silica's Second-Quarter Earnings

It's Hard to See What Wall Street Didn't Like in U.S. Silica's Second-Quarter Earnings

Wall Street wasn't a fan of U.S. Silica Holdings' (NYSE: SLCA) most recent earnings report. Even though the company grew sales and earnings were 10 times higher than the prior quarter, Wall Street wanted more. 

It looks like Wall Street may get its wish in time, though, as management plans to spend on a new mine to meet booming frack sand demand in the Permian Basin. Let's take a look at U.S. Silica's most recent earnings results and what this new mine will mean to the company's short and long-term performance.

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Source: Fool.com