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

Tetra Technologies Inc TTI.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of four analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 4 cents to 7 cents per share.

Revenue rose 4.1% to $157.14 million from a year ago; analysts expected $160.52 million.

Tetra Technologies Inc's reported EPS for the quarter was 3 cents​.

The company reported quarterly net income of $4.05 million.

Tetra Technologies Inc shares had fallen by 19.3% this quarter and lost 24.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 31.2% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

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 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 $6.00

This summary was machine generated from LSEG data April 29 at 09:43 p.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
Mar. 31 20250.060.11Beat
Dec. 31 20240.030.03Met
Sep. 30 20240.040.03Missed
Jun. 30 20240.100.07Missed

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