Team, Inc. (NYSE:TISI) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, TISI to report 3Q20 loss of $ 0.18 per share.
For the full year, analysts anticipate top line of $ 925.75 million, while looking forward to loss of $ 1.14 per share bottom line.
Previous Quarter Performance
Team, Inc. unfold loss for the second quarter of $ 0.33 per share, from the revenue of $ 189.30 million. The quarterly revenues dropped 43.99 percent compared with the same quarter last year. According to street consensus, TISI was expected to report 2Q20 loss of $ 0.52 per share from revenue of $ 196.80 million. The bottom line results beat street analysts by $ 0.19 or 36.54 percent, at the same time, top line results fell short of analysts by $ 7.5 million or 3.81 percent.
Stock Performance
Shares of Team, Inc. traded up $ 0.18 or 3.15 percent on Tuesday, reaching $ 5.89 with volume of 158.70 thousand shares. Team, Inc. has traded high as $ 6.11 and has cracked $ 5.83 on the downward trend
According to the previous trading day, closing price of $ 5.89, representing a 52.27 % increase from the 52 week low of $ 3.75 and a 68.95 % decrease over the 52 week high of $ 18.39.
The company has a market capital of $ 180.40 million and is part of the Industrials sector and Business Services industry.
Team, Inc. provides specialty industrial services in the United States, Canada, Europe, and internationally. It operates through three segments: Inspection and Heat Treating Group (IHT), Mechanical Services Group (MS), and Quest Integrity Group (Quest Integrity).
