• Flotek Industries Inc FTK.N reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 9 cents to 14 cents per share.

• Revenue rose 20.3% to $50.76 million from a year ago; analysts expected $48.77 million.

• Flotek Industries Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $4.43 million.

• Flotek Industries Inc shares had fallen by 21.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialty chemicals peer group is also "buy"

Wall Street's median 12-month price target for Flotek Industries Inc is $8.50

This summary was machine generated from LSEG data March 10 at 09:01 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)