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What: Shares of CARBO Ceramics
So what: Wall Street had expected CARBO to report $1.02 of first-quarter earnings on revenue of $130 million, but it got $1.30 of GAAP profits on a staggering $151 million revenue haul. That's not just beating estimates but crushing them with authority.
Now what: Demand for CARBO's products is high because you need 'em for exploring "unconventional" oil and natural gas resources. The customer list includes industry titans such as Halliburton
Interested in more info on CARBO Ceramics? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.