Tetra Technologies Q4 2023 Adj EPS $0.03 Misses $0.06 Estimate, Sales $153.13M Beat $150.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tetra Technologies (TTI) reported Q4 2023 adjusted EPS of $0.03, missing the $0.06 estimate, but sales of $153.13M exceeded the $150.05M estimate, marking a 3.85% increase from the previous year.
February 27, 2024 | 10:05 pm
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Tetra Technologies reported a Q4 2023 adjusted EPS of $0.03, missing estimates, but sales of $153.13M exceeded expectations, showing a 3.85% YOY growth.
While TTI's EPS missed estimates significantly, the beat on sales and year-over-year growth could mitigate negative sentiment. The mixed results present a neutral short-term outlook as investors weigh the earnings miss against sales performance.
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