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TTI Tetra Technologies News Story

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Tetra Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Tetra Technologies Inc TTI.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended December 31, identical to the same quarter last year.  The mean expectation of five analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 3 cents per share.

Revenue fell 12.2% to $134.50 million from a year ago; analysts expected $138.21 million.

Tetra Technologies Inc's reported EPS for the quarter was 77 cents​.

The company reported quarterly net income of $102.72 million.

Tetra Technologies Inc shares had risen by 15.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.6% 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 "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Tetra Technologies Inc is $7.00

This summary was machine generated from LSEG data February 26 at 12:21 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.030.03Met
Sep. 30 20240.040.03Missed
Jun. 30 20240.100.07Missed
Mar. 31 20240.030.05Beat

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