Earnings Surprise Are On Cards For Select Energy Services, Inc. ($WTTR)?

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Select Energy Services, Inc. (NYSE:WTTR) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.33 per share.

For the full year, analysts predict revenues of $ 616.02 million, while looking forward to loss of $ 3.73 per share.

Previous Quarter Performance

Select Energy Services, Inc. came out with loss for the first quarter of $ 2.86 per share, from the revenue of $ 278.28 million. The quarterly earnings while revenues compared with the same quarter last year. Wall street analysts are predicting revenue of $ 278.95 million The top line results fell short of analysts by $ 0.67 million or 0.24 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Select Energy Services, Inc.

Stock Performance

According to the previous trading day, closing price of WTTR was $ 4.61, representing a 107.66 % increase from the 52 week low of $ 2.22 and a 52.38 % decrease over the 52 week high of $ 9.68.

The company has a market capital of $ 475.17 million and is part of the Industrials sector and Pollution & Treatment Controls industry.

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Select Energy Services, Inc., an oilfield services company, provides water management and chemical solutions to the onshore oil and natural gas industry in the United States and Western Canada. The company operates through three segments: Water Solutions, Oilfield Chemicals, and Wellsite Services. The Water Solutions segment provides water-related services, including the sourcing of water; the transfer of the water to the wellsite through permanent pipeline infrastructure and temporary pipe; the containment of fluids off-and on-location; measuring and monitoring of water; the filtering and treatment of fluids, well testing, and handling of flowback and produced formation water; and the transportation and recycling or disposal of drilling, completion, and production fluids.