TETRA Technologies (TTI) to Release Earnings on Tuesday

TETRA Technologies (NYSE:TTI) will be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect TETRA Technologies to post earnings of $0.04 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

TETRA Technologies (NYSE:TTI) last posted its quarterly earnings data on Wednesday, July 31st. The oil and gas company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). TETRA Technologies had a return on equity of 18.84% and a net margin of 1.61%. The business had revenue of $171.94 million during the quarter, compared to the consensus estimate of $180.66 million. 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 Trading Up 2.3 %

NYSE TTI opened at $3.06 on Monday. The business has a 50 day simple moving average of $3.12 and a 200 day simple moving average of $3.50. TETRA Technologies has a one year low of $2.68 and a one year high of $5.80. The stock has a market capitalization of $401.29 million, a P/E ratio of 19.13 and a beta of 2.04. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.41 and a quick ratio of 1.72.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. StockNews.com upgraded shares of TETRA Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, October 16th. EF Hutton Acquisition Co. I upgraded shares of TETRA Technologies to a “strong-buy” rating in a report on Monday, October 21st. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, TETRA Technologies currently has a consensus rating of “Buy” and an average target price 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.