Drilling Tools International (DTI) Projected to Post Earnings on Tuesday

Drilling Tools International (NASDAQ:DTI) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $38.53 million for the quarter. Drilling Tools International has set its FY 2025 guidance at EPS.

Drilling Tools International (NASDAQ:DTI) last released its quarterly earnings results on Thursday, March 13th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%. The business had revenue of $39.85 million during the quarter, compared to the consensus estimate of $38.99 million. During the same quarter last year, the company earned $0.13 earnings per share. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Drilling Tools International Price Performance

Shares of NASDAQ:DTI opened at $2.26 on Tuesday. Drilling Tools International has a 52 week low of $1.43 and a 52 week high of $6.36. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $80.44 million, a P/E ratio of 8.07, a PEG ratio of 0.90 and a beta of -0.64. The firm’s 50 day moving average is $2.35 and its two-hundred day moving average is $2.99.

Drilling Tools International Company Profile

Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.