Tetra Technologies Inc (TTI, Financial) is set to release its Q3 2024 earnings on Oct 29, 2024. The consensus estimate for Q3 2024 revenue is $148.42 million, and the earnings are expected to come in at $0.05 per share. The full year 2024's revenue is expected to be $628.66 million and the earnings are expected to be $0.19 per share. More detailed estimate data can be found on the Forecast page.
Tetra Technologies Inc (TTI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Tetra Technologies Inc (TTI) for the full year 2024 have decreased from $667.03 million to $628.66 million. The revenue estimate for 2025 has also been revised downward from $750.97 million to $0.70 billion. During the same period, earnings estimates for 2024 have been reduced from $0.30 per share to $0.19 per share, and for 2025, from $0.45 per share to $0.39 per share.
Tetra Technologies Inc (TTI, Financial) Reported History
In the previous quarter of 2024-06-30, Tetra Technologies Inc's (TTI) actual revenue was $171.94 million, which missed analysts' revenue expectations of $181.484 million by -5.26%. Tetra Technologies Inc's (TTI) actual earnings were $0.06 per share, which missed analysts' earnings expectations of $0.117 per share by -48.72%. After releasing the results, Tetra Technologies Inc (TTI) was down by -3.49% in one day.
Tetra Technologies Inc (TTI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Tetra Technologies Inc (TTI) is $6.75 with a high estimate of $8 and a low estimate of $5.5. The average target implies an upside of 120.59% from the current price of $3.06.
Based on GuruFocus estimates, the estimated GF Value for Tetra Technologies Inc (TTI, Financial) in one year is $5.09, suggesting an upside of 66.34% from the current price of $3.06.
Based on the consensus recommendation from 6 brokerage firms, Tetra Technologies Inc's (TTI, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
