Shares of Flotek Industries Crater After Earnings Report [The Motley Fool]
Flotek Industries, Inc. (FTK)
Last flotek industries, inc. earnings: 8/7 08:54 pm
Check Earnings Report
US:NYSE Investor Relations:
flotekind.com/index.php/investor-relations
Company Research
Source: The Motley Fool
Increased revenue couldn't offset higher costs for Flotek in Q2. Tyler Crowe ( TMFDirtyBird ) Aug 2, 2017 at 12:49PM What happened Shares of Flotek Industries ( NYSE:FTK ) are cratering today, down a whopping 36% as of 12:38 p.m. EDT, after the company reported earnings that missed expectations. So what The chemicals specialist reported revenue of $85.2 million and a per-share loss of $0.07 in the second quarter. If we strip out losses for its discontinued operations, then Flotek's loss would have been $0.02 per share. Wall Street analysts were expecting $88.9 million in revenue and net income of $0.04 per share. Image source: Getty Images. Even though Flotek did see higher revenue in the quarter, those gains were more than offset by higher costs, especially in its consumer and industrial technologies business. Also, considering the in
Show less
Read more
Impact Snapshot
Event Time:
FTK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FTK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FTK alerts
High impacting Flotek Industries, Inc. news events
Weekly update
A roundup of the hottest topics
FTK
News
- Flotek Announces Timing of First Quarter 2024 Earnings Release and Conference CallPR Newswire
- Flotek Industries Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Flotek Industries, Inc. (NYSE: FTK) was upgraded by analysts at TheStreet from a "d" rating to a "c-" rating.MarketBeat
- Commodity Roundup: Drone strikes on Russian refineries keep oil supported; gold down [Seeking Alpha]Seeking Alpha
- Flotek Reports Fourth Quarter and Full-Year 2023 Results Highlighted by Growth in All Profitability Metrics Including a $31 Million Improvement in Annual Gross Profit [Yahoo! Finance]Yahoo! Finance
FTK
Analyst Actions
- 3/14/24 - TheStreet
FTK
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- 4/22/24 - Form 4
- FTK's page on the SEC website