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 ...