Drilling Tools International (DTI) to Release Quarterly Earnings on Wednesday

Drilling Tools International (NASDAQ:DTI) will likely be releasing its earnings data before the market opens on Wednesday, March 26th. Analysts expect Drilling Tools International to post earnings of $0.01 per share and revenue of $36.08 million for the quarter. Drilling Tools International has set its FY 2025 guidance at EPS.Parties interested in participating in the company’s conference call can do so using this link.

Drilling Tools International (NASDAQ:DTI) last announced its earnings results on Thursday, March 13th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The business had revenue of $39.85 million for the quarter, compared to analysts’ expectations of $38.99 million. Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%. During the same period in the previous year, the company posted $0.13 EPS. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Drilling Tools International Stock Down 7.0 %

Shares of NASDAQ:DTI opened at $2.64 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.32 and a quick ratio of 0.99. The stock has a market cap of $93.97 million, a P/E ratio of 9.43, a P/E/G ratio of 0.90 and a beta of -0.86. Drilling Tools International has a 1-year low of $2.50 and a 1-year high of $6.36. The firm has a fifty day moving average price of $3.12 and a 200 day moving average price of $3.37.

About Drilling Tools International

Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.