Flotek Industries ($FTK) Much-Anticipated Q3 Earnings Report Is Drawing Near

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Flotek Industries (NYSE: FTK) is set to announce its financial results for the third quarter of 2024 on Monday 4th November 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.

Financial experts on Wall Street anticipate that the concern is set to announce an estimated $0.07 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $48.45 million for this specific period.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.04. Moreover, the company achieved a remarkable total revenue of $47.27 million during that quarter.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $186.81 million. They also believe the company will reach about profit of $0.27 per share for the fiscal year.

 

In addition, The firm will review the third quarter financial results on 5th November 2024 at 10:00 AM eastern time, in a conference call with public.

Flotek Industries (FTK) closed Friday's regular trading session at $5.07, reflecting a 2.22 percent upturn. The stock fluctuated between $5.02 and $5.12 during the day, with a volume of 37.30 thousand shares.