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

Tetra Technologies

02/05/2023 24:19

* Tetra Technologies Inc  TTI.N  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 5 cents per share.
    * Revenue rose 12.4% to $146.21 million from a year ago;
analysts
expected $151.27 million. 
    * Tetra Technologies Inc's reported EPS for the quarter was
5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tetra Technologies Inc shares had risen by 7.5% this
quarter and
lost 17.6% so far this year.
    * The company reported quarterly net income of $6.04
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 May
1 at 11:19 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           0.03           Missed
 Dec. 31 2022      0.03           0.02           Missed
 Sep. 30 2022      0.04           0.02           Missed
 Jun. 30 2022      0.06           0.05           Missed