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Select Water Solutions, Inc. (WTTR) Reports Q4 Earnings: What Key Metrics Have to Say
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Select Water Solutions, Inc. (WTTR - Free Report) reported $374.86 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.8%. EPS of $0.27 for the same period compares to $0.07 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $377.89 million, representing a surprise of -0.80%. The company delivered an EPS surprise of +68.75%, with the consensus EPS estimate being $0.16.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Select Water Solutions, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Chemical Technologies: $72.26 million versus $75.54 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -16% change.
Revenue- Water Services: $241.75 million versus $241.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.6% change.
Revenue- Water infrastructure: $60.85 million versus $61.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -21.2% change.
Gross Profit before D&A- Water Services: $54.02 million compared to the $49.56 million average estimate based on two analysts.
Gross Profit before D&A- Chemical Technologies: $10.20 million versus $14.81 million estimated by two analysts on average.
Gross Profit before D&A- Water infrastructure: $26.38 million versus the two-analyst average estimate of $26.19 million.
Shares of Select Water Solutions, Inc. have returned +8.3% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Select Water Solutions, Inc. (WTTR) Reports Q4 Earnings: What Key Metrics Have to Say
Select Water Solutions, Inc. (WTTR - Free Report) reported $374.86 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.8%. EPS of $0.27 for the same period compares to $0.07 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $377.89 million, representing a surprise of -0.80%. The company delivered an EPS surprise of +68.75%, with the consensus EPS estimate being $0.16.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Select Water Solutions, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Chemical Technologies: $72.26 million versus $75.54 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -16% change.
- Revenue- Water Services: $241.75 million versus $241.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.6% change.
- Revenue- Water infrastructure: $60.85 million versus $61.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -21.2% change.
- Gross Profit before D&A- Water Services: $54.02 million compared to the $49.56 million average estimate based on two analysts.
- Gross Profit before D&A- Chemical Technologies: $10.20 million versus $14.81 million estimated by two analysts on average.
- Gross Profit before D&A- Water infrastructure: $26.38 million versus the two-analyst average estimate of $26.19 million.
View all Key Company Metrics for Select Water Solutions, Inc. here>>>Shares of Select Water Solutions, Inc. have returned +8.3% over the past month versus the Zacks S&P 500 composite's +3.6% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.