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from the world of economics and financeFor the quarter ended March 2024, Select Water Solutions, Inc. (WTTR) reported revenue of $366.55 million, down 12% over the same period last year. EPS came in at $0.04, compared to $0.12 in the year-ago quarter.
The reported revenue represents a surprise of -1.07% over the Zacks Consensus Estimate of $370.51 million. With the consensus EPS estimate being $0.09, the EPS surprise was -55.56%.
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.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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:
View all Key Company Metrics for Select Water Solutions, Inc. here>>>
Shares of Select Water Solutions, Inc. have returned +2.9% over the past month versus the Zacks S&P 500 composite's -2.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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