Flotek Industries (NYSE:FTK - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Flotek Industries to post earnings of $0.06 per share and revenue of $44.50 million for the quarter.
Flotek Industries (NYSE:FTK - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The oil and gas company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.04. Flotek Industries had a net margin of 4.58% and a return on equity of 7.76%. The company had revenue of $50.76 million for the quarter, compared to analyst estimates of $50.08 million. During the same period in the prior year, the firm earned $0.07 earnings per share. On average, analysts expect Flotek Industries to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Flotek Industries Price Performance
Shares of NYSE FTK traded up $0.09 during midday trading on Friday, hitting $7.28. The company's stock had a trading volume of 83,705 shares, compared to its average volume of 160,949. Flotek Industries has a 1 year low of $3.26 and a 1 year high of $10.35. The business's fifty day simple moving average is $7.63 and its two-hundred day simple moving average is $7.82. The firm has a market capitalization of $217.14 million, a price-to-earnings ratio of 28.00 and a beta of 0.87.
Analysts Set New Price Targets
Separately, Singular Research upgraded Flotek Industries to a "moderate buy" rating in a research note on Monday, March 17th.
Check Out Our Latest Research Report on FTK
Flotek Industries Company Profile
(
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Flotek Industries, Inc operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA).
Further Reading
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