A Preview Of Select Energy Services's Earnings

Select Energy Services WTTR is set to give its latest quarterly earnings report on Tuesday, 2023-10-31. Here's what investors need to know before the announcement.

Analysts estimate that Select Energy Services will report an earnings per share (EPS) of $0.23.

Select Energy Services bulls will hope to hear the company 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 missed EPS by $0.03, which was followed by a 1.45% 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 $7.35 as of October 27. Over the last 52-week period, shares are down 19.96%. Given that these returns are generally negative, long-term shareholders are likely upset 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.