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

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

TETRA Technologies (NYSE:TTI) last released 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 business 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 Up 2.0 %

TTI stock opened at $4.56 on Friday. The firm’s fifty day simple moving average is $4.32 and its 200-day simple moving average is $4.54. The company has a market capitalization of $598.00 million, a P/E ratio of 22.80 and a beta of 2.20. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.24 and a quick ratio of 1.47. TETRA Technologies has a 12 month low of $2.56 and a 12 month high of $6.77.

Analyst Upgrades and Downgrades

Separately, Northland Securities started coverage on shares of TETRA Technologies in a report on Tuesday, February 20th. They issued an “outperform” rating and a $6.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, TETRA Technologies currently has an average 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.