TETRA Technologies (TTI) Scheduled to Post Quarterly Earnings on Tuesday

TETRA Technologies (NYSE:TTI) will be announcing 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. Persons that wish to register for the company’s earnings conference call can do so using this link.

TETRA Technologies (NYSE:TTI) last issued its earnings results on Tuesday, February 27th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The firm had revenue of $153.13 million during the quarter, compared to analysts’ expectations 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 Trading Up 2.0 %

NYSE TTI opened at $4.56 on Monday. The company has a fifty day moving average of $4.32 and a 200 day moving average of $4.53. The company has a market capitalization of $597.98 million, a PE 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 1 year low of $2.56 and a 1 year high of $6.77.

Analyst Upgrades and Downgrades

Separately, Northland Securities started coverage on TETRA Technologies in a research note on Tuesday, February 20th. They issued an “outperform” rating and a $6.00 target price on the stock. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, 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.