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

Drilling Tools International

07/08/2026 24:40

Drilling Tools International Corp DTI.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents.  The lone analyst forecast for the quarter was for a loss of 4 cents per share. 
Revenue fell 3.4% to $38.07 million from a year ago; analysts expected $38.16 million. 
Drilling Tools International Corp's reported EPS for the quarter was a loss of 5 cents​.
The company reported a quarterly loss of $1.79 million.
Drilling Tools International Corp shares had risen by 19.7% this quarter and lost 5.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 300% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
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 $4.13, about 43% above its last closing price of $2.35
This summary was machine generated from LSEG data August 6 at 11:40 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 2026 
-0.04
-0.02
Beat
Mar. 31 2026 
-0.02
-0.03
Missed
Dec. 31 2025 
-0.02
0.03
Beat
Sep. 30 2025 
-0.04
-0.03
Beat