TETRA Technologies (TTI) Set to Announce Quarterly Earnings on Tuesday

TETRA Technologies (NYSE:TTI) is set to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

TETRA Technologies (NYSE:TTI) last announced its quarterly earnings data on Tuesday, February 27th. The oil and gas company reported $0.03 EPS for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $153.13 million for the quarter, compared to the consensus estimate of $144.76 million. TETRA Technologies had a net margin of 4.12% and a return on equity of 25.28%. 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 Stock Performance

Shares of NYSE TTI opened at $4.56 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.47 and a current ratio of 2.24. The company has a market cap of $598.00 million, a P/E ratio of 22.80 and a beta of 2.20. The firm’s fifty day moving average is $4.32 and its two-hundred day moving average is $4.54. TETRA Technologies has a 52-week low of $2.56 and a 52-week high of $6.77.

Wall Street Analyst Weigh In

Separately, Northland Securities assumed coverage on shares of TETRA Technologies in a report on Tuesday, February 20th. They issued an “outperform” rating and a $6.00 price target on the stock. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.