U.S. Silica Holdings Lifts Full Year EBITDA View - Quick Facts

(RTTNews) - U.S. Silica Holdings, Inc. (SLCA) Wednesday said it is increasing its guidance for full year 2014 adjusted EBITDA from a range of $215 million to $225 million to a range of $230 million to $240 million, citing the strength of the markets for both of its operating segments.

Additionally, the company reiterated its full year 2014 guidance for capital expenditures in the range of $95 million to $105 million and an effective tax rate of around 27 percent.

The company is planning to report its third quarter financial results on October 29 after the close of the market.

The stock, which closed at $64.51 on Tuesday, gained 5.5 percent in pre-market activity.