* Drilling Tools International Corp reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended September 30. The mean expectation of two analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from 4 cents to 11 cents per share.

* Revenue was $40.09 million​; analysts expected $42.03 million.

* Drilling Tools International Corp's reported EPS for the quarter was 3 cents​.

* The company reported quarterly net income of $867 thousand.

* Drilling Tools International Corp shares had fallen by 6.7% this quarter and gained 8.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 25% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the oil related services and equipment peer group is "hold."

Wall Street's median 12-month price target for Drilling Tools International Corp is $7.50 This summary was machine generated from LSEG data November 14 at 09:04 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.08 0.03 Missed

Jun. 30 2024 0.11 0.01 Missed