Tetra Technologies, Inc. (NYSE:TTI) is reporting third quarter earnings results on Tuesday 3rd November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.1 per share.
For the full year, analysts predict revenues of $ 743.80 million, while looking forward to loss of $ 0.27 per share.
Previous Quarter Performance
Tetra Technologies, Inc. disclosed loss for the second quarter of $ 0.09 per share, from the revenue of $ 192.44 million. The quarterly revenues contracted 33.37 percent compared with the same quarter last year. Wall street analysts are predicting, TTI to report 2Q20 loss of $ 0.09 per share from revenue of $ 186.39 million. The top line results outshined analysts by $ 6.05 million or 3.25 percent.
Stock Performance
Shares of Tetra Technologies, Inc. traded low $ 0.00 or -0.20 percent on Monday, reaching $ 0.55 with volume of 990.00 thousand shares. Tetra Technologies, Inc. has traded high as $ 0.57 and has cracked $ 0.50 on the downward trend
The closing price of $ 0.55, representing a 154.55 % increase from the 52 week low of $ 0.22 and a 73.71 % decrease over the 52 week high of $ 2.13.
The company has a market capital of $ 69.76 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
Conference Call
Tetra Technologies, Inc. will be hosting a conference call at 9:30 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tetratec.com
TETRA Technologies, Inc., together with its subsidiaries, operates as a diversified oil and gas services company. The companys Completion Fluids segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products.
