Flotek Industries (FTK) Beats Q2 Earnings and Revenue Estimates

Flotek Industries (FTK) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +23.08%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.06 per share when it actually produced earnings of $0.17, delivering a surprise of +183.33%.Over the last four ...