Tetra Technologies Inc reports results for the quarter ended in June - Earnings Summary

Tetra Technologies

01/08/2023 24:10

* Tetra Technologies Inc  TTI.N  reported quarterly adjusted
earnings of 13 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 9 cents per share.
    * Revenue rose 24.7% to $175.46 million from a year ago;
analysts
expected $172.53 million. 
    * Tetra Technologies Inc's reported EPS for the quarter was
14
cents​.
    * The mean earnings estimate of analysts had risen by
about 22.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Tetra Technologies Inc shares had risen by 29.6% this
quarter and gained 26.6% so far this year.
    * The company reported quarterly net income of $18.22
million.
    * Wall Street's median 12-month price target for Tetra
Technologies Inc is $7.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
31 at 11:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.09           0.13           Beat
 Mar. 31 2023      0.05           0.03           Missed
 Dec. 31 2022      0.03           0.02           Missed
 Sep. 30 2022      0.04           0.02           Missed