Earnings Outlook For Tetra Technologies

Tetra Technologies (NYSE:TTI) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Tetra Technologies to report an earnings per share (EPS) of $0.05.

The announcement from Tetra Technologies is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

In the previous earnings release, the company missed EPS by $0.03, leading to a 3.49% drop in the share price the following trading session.

Here's a look at Tetra Technologies's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.10

0.03

0.08

0.09

EPS Actual

0.07

0.05

0.03

0.07

Price Change %

-3.0%

-14.000000000000002%

6.0%

-15.0%

Market Performance of Tetra Technologies's Stock

Shares of Tetra Technologies were trading at $3.06 as of October 25. Over the last 52-week period, shares are down 35.13%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analyst Opinions on Tetra Technologies

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Tetra Technologies.

Tetra Technologies has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $5.5, the ...