Atlas Energy(AESI) Plummets 12.01% on Earnings Miss

Atlas Energy(AESI) shares plummeted 12.01% intraday, marking a record low as the stock has declined for two consecutive days, with a total drop of 13.00% over the past two days.

The strategy of buying AESI shares after they reach a recent low and holding for one week resulted in poor performance over the past five years. The strategy yielded a return of -6.64%, significantly underperforming the benchmark return of 39.25%. The excess return was -45.89%, and the CAGR was -3.20%, indicating a decline in value. The strategy also had a maximum drawdown of -9.51% and a Sharpe ratio of -0.69, suggesting high risk and negative returns.

Atlas Energy Solutions Inc. (AESI) faced a significant setback in its stock price due to its first quarter 2025 earnings report. The company reported a notable earnings miss, with earnings per share (EPS) falling short of analyst expectations and the Zacks Consensus Estimate by 55.56%. Despite this, AESI exceeded revenue estimates, reporting first quarter revenue of $297.6 million, surpassing the FactSet estimate of $288.7 million. This revenue beat led to a 4.8% increase in AESI's stock price in after-hours trading. Additionally, the company is facing uncertainty in the global economic outlook and commodity prices, causing some customers to defer development projects. Looking ahead, AESI forecasts stable to slightly increased sales volumes and Adjusted EBITDA for the second quarter of 2025.