Earnings Outlook For Select Energy Services

Select Energy Services WTTR is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here's what investors need to know before the announcement.

Analysts estimate that Select Energy Services will report an earnings per share (EPS) of $0.04.

Select Energy Services bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.08, which was followed by a 3.75% increase in the share price the next day.

Here's a look at Select Energy Services's past performance and the resulting price change:

Stock Performance

Shares of Select Energy Services were trading at $7.47 as of July 29. Over the last 52-week period, shares are up 16.86%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Select Energy Services visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.