TETRA Technologies (TTI) to Release Quarterly Earnings on Friday
TETRA Technologies (NYSE:TTI) is set to issue its Q114 quarterly earnings data on Friday, May 9th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $217.56 million for the quarter.
TETRA Technologies (NYSE:TTI) last announced its earnings results on Friday, February 28th. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.01. The company had revenue of $225.40 million for the quarter, compared to the consensus estimate of $226.43 million. During the same quarter last year, the company posted $0.21 earnings per share. TETRA Technologies’s revenue was down 2.5% compared to the same quarter last year. On average, analysts expect TETRA Technologies to post $0.82 EPS for the current fiscal year and $1.09 EPS for the next fiscal year.
TETRA Technologies (NYSE:TTI) opened at 12.70 on Thursday. TETRA Technologies has a 1-year low of $8.85 and a 1-year high of $13.43. The stock has a 50-day moving average of $12.55 and a 200-day moving average of $12.08. The company has a market cap of $1.002 billion and a P/E ratio of 6145.00.
A number of analysts have recently weighed in on TTI shares. Analysts at Zacks upgraded shares of TETRA Technologies from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 12th. They now have a $11.60 price target on the stock. Analysts at Raymond James upgraded shares of TETRA Technologies from a “market perform” rating to an “outperform” rating in a research note on Tuesday, February 11th. They now have a $13.00 price target on the stock. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $13.86.
TETRA Technologies, Inc is oil and gas services company, focused on completion fluids and other products, production testing, wellhead compression, and selected offshore services including well plugging and abandonment, decommissioning, and diving.
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