Tetra Technologies Inc expected to post earnings of 9  cents a share - Earnings Preview

Tetra Technologies

29/07/2023 24:04

* Tetra Technologies Inc  TTI.N   TTI  is expected to show a
rise
in quarterly revenue when it reports  results on July 31. 
    * The The Woodlands Texas-based  company is expected to
report  a
22.6% increase in revenue to $172.533 million from $140.72
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
July 5 2023, for the period ended June 30, was for revenue of
$175.000 million.
    * ​Refinitiv's mean analyst estimate for Tetra Technologies
Inc is
for earnings of 9 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 $7​, above​ its last closing price of $4.38.
​​​

The company's guidance on July 5 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD175 million and USD30 million.
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 2023  0.04        0.05       0.03      Missed  -34.4
 Dec. 31 2023  0.03        0.03       0.02      Missed  -37.5
 Sep. 30 2022  0.04        0.04       0.02      Missed  -53.5​
 Jun. 30 2022  0.06        0.06       0.05      Missed  -9.5
 ​​Mar.        0.00        0.01       0.06      Beat    1,100
 31 2022                                                
 Dec. 31 2021  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
 This summary was machine generated July 28 at 23:04 GMT.  All
figures in US dollars  unless otherwise stated