Select Water Solutions Inc reports results for the quarter ended June 30 - Earnings Summary

• Select Water Solutions Inc WTTR reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of six analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 10 cents to 13 cents per share.

• Revenue fell 0.3% to $364.22 million from a year ago; analysts expected $365.43 million.

• Select Water Solutions Inc's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $10.65 million.

• Select Water Solutions Inc shares had risen by 3.6% this quarter and lost 32.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% 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 6 "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 $15.00, about 39.1% above its last closing price of $9.14

This summary was machine generated from LSEG data August 5 at 10:32 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)