Atlas Energy Solutions Inc. (AESI) stock experienced a significant pre-market plunge of 6.99% on Tuesday, following the company's disappointing fourth-quarter earnings report released after market close on Monday.

The energy solutions provider reported quarterly earnings of $0.06 per share, significantly missing the Zacks Consensus Estimate of $0.17 per share. This represented a steep decline from the earnings of $0.37 per share in the same quarter a year ago.

While revenue for the quarter surpassed analysts' expectations, rising 92.3% year-over-year to $271.34 million, the company's earnings performance fell short of Wall Street's expectations. The missed earnings estimates and year-over-year decline in profitability appear to have weighed heavily on investor sentiment, leading to the pre-market sell-off in AESI shares.