Drilling Tools International Corp reports results for the quarter ended June 30 - Earnings Summary

Drilling Tools International

13/08/2025 22:01

Drilling Tools International Corp DTI.OQ reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 1 cents.  The lone analyst forecast for the quarter was for earnings of 4 cents per share.

Revenue rose 5% to $39.42 million from a year ago; analysts expected $39.83 million.

Drilling Tools International Corp's reported EPS for the quarter was a loss of 7 cents​.

The company reported a quarterly loss of $2.41 million.

Drilling Tools International Corp shares had fallen by 29.8% this quarter and lost 38.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 500% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is  "buy."

Wall Street's median 12-month price target for Drilling Tools International Corp is $3.78, about 47% above its last closing price of $2.00

This summary was machine generated from LSEG data August 13 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.04
-0.07
Missed
Mar. 31 2025
-0.01
0.01
Beat
Dec. 31 2024
0.00
-0.04
Missed
Sep. 30 2024
0.08
0.03
Missed