Seeking Alpha

For those who missed the run in U.S. Silica Holdings (SLCA), you just got another buying opportunity. It reported a Q2 EPS of $.38 versus the Street's estimate of $.40. Revenues came in at $129.8 million versus $133.94 million. The main reason for the big drop in share price after hours could have been the company's reaffirmation of its 2013 adjusted EBITDA guidance of $165 to $175 million. This was further compounded by a rise in 2013 capital expenditures to a range of $60 to $70 million. Expectations were high going into earnings, and the capital expenditure increase would have been welcomed with a higher 2013 adjusted EBITDA guidance. Either way it was a tough crowd to...

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