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

Tetra Technologies

30/10/2023 23:00

* Tetra Technologies Inc  TTI.N  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 9 cents per share.
    * Revenue rose 12.2% to $151.46 million from a year ago;
analysts
expected $157.80 million. 
    * Tetra Technologies Inc's reported EPS for the quarter was
4
cents​.
    * The mean earnings estimate of analysts had risen by
about 39.7%
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 fallen by 13.0% this
quarter and gained 60.4% so far this year.
    * The company reported quarterly net income of $5.42
million.
    * Wall Street's median 12-month price target for Tetra
Technologies Inc is $8.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.09           0.07           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