Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Tetra Technologies (TTI)
:TTI
Holding TTI?
Track your performance easily
Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
0.03Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 68.81%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong strategic initiatives and market leadership despite weather-related disruptions and a decline in U.S. onshore activity. The company showed resilience with consistent financial performance and strategic wins in Brazil and produced water recycling, although revenue and activity declines present ongoing challenges.Company Guidance
During TETRA Technologies' Third Quarter 2024 earnings call, the company provided guidance that highlighted a robust outlook for 2025, driven by strategic initiatives and market developments. The company reported third-quarter earnings with an adjusted EBITDA of $23.5 million, achieving adjusted EBITDA margins of 31.7% for Completion Fluids & Products and 14.6% for Water & Flowback Services. Revenues were $142 million, reflecting a 6% decrease year-on-year and from the first quarter of 2024. TETRA emphasized significant wins such as a multi-well deepwater Completion Fluids award in Brazil and a record in produced water recycling for frac reuse. The company also noted an all-time record for produced water recycling volumes in Q3, with expectations for this record to be surpassed in Q4. TETRA's liquidity stood at approximately $197 million, with a net leverage ratio of 1.5x. The call also outlined plans for a staged investment approach in the Arkansas bromine project, targeting initial bromine production at 66% of the Definitive Feasibility Study volumes, with a CapEx investment initially estimated at $270 million. The company is optimistic about its financial performance and market positioning for 2025, driven by projects like CS Neptune, the Brazil award, and automation in Water & Flowback Services.Consistent Financial Performance
Achieved adjusted EBITDA of $23.5 million with margins of 31.7% for Completion Fluids & Products and 14.6% for Water & Flowback Services, despite significant headwinds.
Major Deepwater Award in Brazil
Secured a multi-well, multi-year deepwater Completion Fluids award in Brazil, establishing TETRA as the market leader in Brazil for deepwater heavy fluids.
Record in Produced Water Recycling
Set an all-time record for produced water recycling for frac reuse, with expectations to surpass this record in Q4.
Recognition as Performance Leader
Kimberlite study recognized TETRA Technologies as the performance leader in the Gulf of Mexico for Completion Fluids and Services.
Steady Industrial Business
Calcium chloride industrial business reported steady revenue, representing approximately $140 million annually with a 30% EBITDA margin.
---
TTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $2.95 | $3.62 | +22.71% |
| Jul 31, 2024 | $3.73 | $3.60 | -3.49% |
| Apr 30, 2024 | $4.29 | $3.70 | -13.75% |
| Feb 27, 2024 | $3.85 | $4.08 | +5.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Tetra Technologies (TTI) report earnings?
Tetra Technologies (TTI) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Tetra Technologies (TTI) earnings time?
Tetra Technologies (TTI) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTI EPS forecast?
TTI EPS forecast for the fiscal quarter 2024 (Q4) is 0.03.
---