Tetra Technologies (TTI) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Tetra Technologies is expected to report a year-over-year increase in earnings and revenues, but actual results compared to estimates will significantly impact its stock price [1][2]. Earnings Expectations - The consensus estimate for Tetra Technologies is an earnings per share (EPS) of $0.08, reflecting a year-over-year increase of +60% [3]. - Expected revenues are $155.83 million, which is a 3.2% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.85% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate for Tetra Technologies is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -25% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictive power for positive readings [6][7]. - Tetra Technologies currently has a Zacks Rank of 3, making it challenging to predict an earnings beat [11]. Historical Performance - In the last reported quarter, Tetra Technologies was expected to post earnings of $0.04 per share but delivered only $0.03, resulting in a surprise of -25% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Industry Comparison - FMC Technologies, a peer in the oil and gas services industry, is expected to report an EPS of $0.36, indicating a year-over-year change of +63.6% and revenues of $2.27 billion, up 11.1% [17]. - FMC Technologies has a consensus EPS estimate that has been revised up by 0.1% over the last 30 days, but it also has a negative Earnings ESP of -0.92% [18].