Tetra Technologies Inc expected to post earnings of 6  cents a share - Earnings Preview

Tetra Technologies

30/07/2022 24:09

* Tetra Technologies Inc  TTI.N   TTI  is expected to show a
rise
in quarterly revenue when it reports  results on August 1. 
    * The The Woodlands Texas-based  company is expected to
report  a
31.6% increase in revenue to $134.7 million from $102.33 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tetra Technologies
Inc is
for earnings of 6 cents per share. For the same quarter last
year, the company reported a loss of 2 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $6.5​, above​ its last closing price
of $4.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.00        0.01       0.06      Beat    1,100
 Dec. 31 2022  0.00        0.00       0.00      Met     
 Sep. 30 2021  0.00        0.00       0.01      Beat    ​
 Jun. 30 2021  0.03        0.02       -0.02     Missed  -233.3
 ​​Mar.        -0.03       -0.03      -0.04     Missed  -33.3
 31 2021                                                
 Dec. 31 2020  -0.04       -0.04      -0.03     Beat    25​
 Sep. 30 2020  -0.11       -0.10      -0.09     Beat    14.3
 Jun. 30 2020  -0.07       -0.08      -0.09     Missed  -8
 This summary was machine generated July 29 at 23:09 GMT.  All
figures in US dollars  unless otherwise stated