TETRA Technologies (TTI) to Release Earnings on Tuesday

TETRA Technologies (NYSE:TTI) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

TETRA Technologies (NYSE:TTI) last released its earnings results on Tuesday, February 27th. The oil and gas company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. The company had revenue of $153.13 million for the quarter, compared to analysts’ expectations of $144.76 million. TETRA Technologies had a return on equity of 25.28% and a net margin of 4.12%. On average, analysts expect TETRA Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TETRA Technologies Price Performance

TTI opened at $4.42 on Tuesday. The company’s 50-day moving average price is $4.27 and its two-hundred day moving average price is $4.57. The company has a quick ratio of 1.47, a current ratio of 2.24 and a debt-to-equity ratio of 1.07. TETRA Technologies has a twelve month low of $2.56 and a twelve month high of $6.77. The stock has a market cap of $579.64 million, a price-to-earnings ratio of 22.10 and a beta of 2.20.

Wall Street Analyst Weigh In

Separately, Northland Securities started coverage on TETRA Technologies in a report on Tuesday, February 20th. They set an “outperform” rating and a $6.00 price objective for the company. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $7.00.

TETRA Technologies Company Profile

TETRA Technologies, Inc, together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.