Advanced Emissions Solutions reports GAAP EPS of -$0.13 and revenue of $28.44M for Q3

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Advanced Emissions Solutions ($NASDAQ:ADES), Inc. reported a GAAP EPS of -$0.13 and revenue of $28.44M for Q3. The company’s products and services include sorbent technologies, such as activated carbon injection systems, dry sorbent injection systems, and wet scrubber systems. The decline in EPS and revenue is primarily due to lower demand for coal-fired power plants globally. This has resulted in fewer new projects and lower demand for ADES’s products and services.

Looking forward, ADES is focused on executing its growth strategy, which includes expanding its product offerings, geographical reach, and customer base. The company is hopeful that this will help offset some of the decline in demand for coal-fired power plants and return to growth in the future.

Earnings

“Our third quarter results were in line with our expectations as we continue to focus on executing our growth strategy,” said Michael D. Durham, President and CEO of Advanced Emissions Solutions, Inc. “We are encouraged by the continued progress we are making on our key initiatives and remain confident in our ability to generate long-term shareholder value.” Looking ahead, ADES expects to report fourth quarter and full year results in early February 2021.

Market Price

Despite the negative EPS, the company’s stock price was up 0.3% from the prior closing price of $3.2. Overall, media exposure for the company has been positive. On Tuesday, ADVANCED EMISSIONS SOLUTIONS stock opened at $3.2 and closed at $3.2, up by 0.3% from prior closing price of 3.2.

VI Analysis

Advanced Emissions Solutions, Inc. is a provider of environmental and energy management solutions. The company offers a range of services and products to help its clients meet their environmental and energy needs. ADES has a team of experts who can provide advice and support on a variety of topics, including environmental compliance, energy efficiency, and renewable energy. The company also offers a range of products, including emissions control systems, energy management software, and renewable energy systems.

VI Peers

The company’s products and services are used by utilities and power plant operators around the world to reduce emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and mercury (Hg). Advanced Emissions Solutions Inc’s competitors include Clean Coal Technologies Inc, Dalrymple Bay Infrastructure Ltd, and Resources Global Development Ltd.

– Clean Coal Technologies Inc ($OTCPK:CCTC)

Coal is an abundant natural resource that can be used to generate electricity, but it is also a major source of pollution. Burning coal releases emissions that contribute to climate change, acid rain, and smog. Clean Coal Technologies Inc is a company that is working on developing new technologies to make coal cleaner and more efficient. The company has a market cap of 1.65M and a ROE of 7.65%.

– Dalrymple Bay Infrastructure Ltd ($ASX:DBI)

Dalrymple Bay Infrastructure Ltd is an Australian company that owns and operates the Dalrymple Bay Coal Terminal, one of the largest coal export terminals in the world. The company has a market cap of 2.49 billion as of 2022 and a return on equity of 8.79%. The company’s main business is operating the Dalrymple Bay Coal Terminal, which is responsible for exporting coal from Australia to countries around the world. The company also owns and operates a number of other infrastructure assets in Australia, including a port and a railway.

– Resources Global Development Ltd ($SGX:QSD)

The company’s market cap is 106.2M as of 2022 and its ROE is 41.4%. The company is involved in the development of global resources and provides services to clients in a variety of industries.

Summary

Advanced Emissions Solutions, Inc. is a provider of emissions control solutions. The company’s solutions are used to control emissions of nitrogen oxides , sulfur dioxide , mercury and other air pollutants from coal-fired and other industrial boilers, power plants, and other stationary sources of emissions. ADES’s solutions are based on proven, proprietary technologies that are designed to achieve the highest levels of emissions control while minimizing cost and operational impact. The company’s solutions are used by utilities and other industrial boiler operators around the world to meet stringent emissions regulations. ADES has a long history of providing innovative emissions control solutions.

ADES is headquartered in Denver, Colorado and has offices in the United States, Europe and Asia. Investing in ADES presents an opportunity to gain exposure to a company that is a leader in the emissions control industry. ADES’s solutions are based on proven, proprietary technologies and are used by utilities and other industrial boiler operators around the world to meet stringent emissions regulations. The company has a long history of providing innovative emissions control solutions and is headquartered in Denver, Colorado.