What factors influenced AESI's earnings surprises in 2024?

Atlas Energy Solutions Inc. (AESI) experienced earnings surprises in 2024 due to several factors influencing its financial performance: 1. **Revenue Trends**: AESI's revenue has shown fluctuations with estimates and actual figures. For instance, in Q4 2024, the company's revenue was slightly under the projected $273 million, coming in at $271.3 million. This trend of missing revenue targets was not unique to Q4, as evidenced by previous quarters where revenues were below expectations. 2. **Earnings Estimates Revisions**: There were revisions in earnings estimates, which might have contributed to the company's earnings surprises. For example, the EPS estimate for Q4 2024 was $0.17, while the actual EPS was $0.13. Over the past 90 days, earnings estimates for Q4 2024 declined from $0.70 to $0.68 per share, and for 2025, they decreased from $2.03 to $1.69 per share. 3. **Seasonal and Pricing Factors**: The company faced challenges due to seasonal slowdowns and pricing pressures, which impacted its earnings. Despite these challenges, AESI demonstrated growth in operational areas, such as the completion of the Dune Express conveyor system and the launch of driverless delivery operations. In summary, Atlas Energy Solutions Inc.'s earnings surprises in 2024 were primarily influenced by revenue trends that were below estimates, revisions in earnings projections, and seasonal and pricing factors that affected profitability.