Select Water Solutions Inc reports results for the quarter ended March 31 - Earnings Summary

• Select Water Solutions Inc WTTR.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 9 cents per share.

• Revenue rose 2.1% to $374.38 million from a year ago; analysts expected $360.78 million.

• Select Water Solutions Inc's reported EPS for the quarter was 8 cents​.

• The company reported quarterly net income of $8.24 million.

• Select Water Solutions Inc shares had fallen by 21.1% this quarter and lost 37.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 54.5% 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 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"

• Wall Street's median 12-month price target for Select Water Solutions Inc is $18.00

This summary was machine generated from LSEG data May 7 at 12:24 a.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)