Flotek Industries (FTK) to Release Earnings on Tuesday

Flotek Industries (NYSE:FTK) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Flotek Industries to post earnings of $0.06 per share and revenue of $44.50 million for the quarter.

Flotek Industries (NYSE:FTK) last issued its earnings results on Monday, March 10th. The oil and gas company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. The company had revenue of $50.76 million for the quarter, compared to analysts’ expectations of $50.08 million. Flotek Industries had a net margin of 4.58% and a return on equity of 7.76%. During the same quarter last year, the company earned $0.07 EPS. On average, analysts expect Flotek Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Flotek Industries Stock Up 2.1 %

Shares of NYSE:FTK opened at $7.14 on Tuesday. The stock has a market cap of $212.96 million, a PE ratio of 27.46 and a beta of 0.87. The company’s fifty day moving average is $7.70 and its 200 day moving average is $7.79. Flotek Industries has a 52 week low of $3.26 and a 52 week high of $10.35.

Analysts Set New Price Targets

Separately, Singular Research upgraded shares of Flotek Industries to a “moderate buy” rating in a research report on Monday, March 17th.

Flotek Industries Company Profile

Flotek Industries, Inc operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA).