What to Expect from Select Water Solutions's Earnings

What to Expect from Select Water Solutions's Earnings

Benzinga
November 4, 2024

Select Water Solutions (NYSE:WTTR) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Select Water Solutions will report an earnings per share (EPS) of $0.14.

The announcement from Select Water Solutions 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.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.02, leading to a 0.85% increase in the share price the following trading session.

Here's a look at Select Water Solutions's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.11

0.07

0.15

0.23

EPS Actual

0.13

0.04

0.27

0.14

Price Change %

1.0%

-2.0%

16.0%

2.0%

Stock Performance

Shares of Select Water Solutions were trading at $10.31 as of November 01. Over the last 52-week period, shares are up 45.98%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Insights Shared by Analysts on Select Water Solutions

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Select Water Solutions.

Select Water Solutions has received a total of 1 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target ...

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