Tetra Technologies Inc expected to post earnings of 4 cents a share - Earnings Preview

Tetra Technologies

27/10/2024 14:52

* Tetra Technologies Inc  TTI.N   TTI  is expected to show a
fall
in quarterly revenue when it reports  results on October 29 for
the period ending January 1 0001
    * The The Woodlands Texas-based  company is expected to
report a
2.0% decrease in revenue to $148.42 million from $151.46 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Tetra Technologies Inc
is for
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tetra
Technologies Inc is $7.00​, above​ its last closing price
of $3.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.09        0.10       0.07      Missed  -28.9
 Mar. 31 2024  0.03        0.03       0.05      Beat    62.3
 Dec. 31 2023  0.05        0.06       0.03      Missed  -48.9​
 Sep. 30 2023  0.09        0.09       0.07      Missed  -21.7
 ​​Jun.        0.11        0.09       0.13      Beat    41.3
 30 2023                                                
 Mar. 31 2023  0.04        0.05       0.03      Missed  -34.4​
 Dec. 31 2022  0.03        0.03       0.02      Missed  -37.5
 Jan. 1 0001   0.04        0.04       0.02      Missed  -53.5
 This summary was machine generated October 27 at 14:51 GMT.  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)