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

Tetra Technologies

23/02/2024 21:02

* Tetra Technologies Inc  TTI.N   TTI  is expected to show a
rise
in quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The The Woodlands Texas-based  company is expected to
report a
1.8% increase in revenue to $150.05 million from $147.45 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Tetra Technologies Inc
is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $7.50​, above​ its last closing price
of $3.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.09        0.09       0.07      Missed  -21.7
 Jun. 30 2023  0.11        0.09       0.13      Beat    41.3
 Mar. 31 2023  0.04        0.05       0.03      Missed  -34.4​
 Dec. 31 2022  0.03        0.03       0.02      Missed  -37.5
 ​​Sep.        0.04        0.04       0.02      Missed  -53.5
 30 2022                                                
 Jun. 30 2022  0.06        0.06       0.05      Missed  -9.5​
 Mar. 31 2022  0.00        0.01       0.06      Beat    1,100
 Dec. 31 2021  0.00        0.00       0.00      Met     
 This summary was machine generated February 23 at 21:02 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)