Q1 Earnings Estimate for FTK Issued By Roth Capital

Flotek Industries, Inc. (NYSE:FTK) – Roth Capital issued their Q1 2025 earnings per share estimates for Flotek Industries in a note issued to investors on Thursday, March 13th. Roth Capital analyst G. Sweeney anticipates that the oil and gas company will post earnings per share of $0.06 for the quarter. The consensus estimate for Flotek Industries’ current full-year earnings is $0.29 per share. Roth Capital also issued estimates for Flotek Industries’ Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.21 EPS, FY2025 earnings at $0.51 EPS and FY2026 earnings at $0.66 EPS.

Flotek Industries (NYSE:FTK) last posted its earnings results on Monday, March 10th. The oil and gas company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. The company had revenue of $50.76 million during the quarter, compared to analyst estimates of $50.08 million. Flotek Industries had a net margin of 4.58% and a return on equity of 7.76%. During the same period in the prior year, the business posted $0.07 earnings per share.

Flotek Industries Price Performance

Shares of FTK opened at $10.22 on Monday. Flotek Industries has a one year low of $3.13 and a one year high of $10.35. The company has a 50-day simple moving average of $8.58 and a two-hundred day simple moving average of $7.19. The firm has a market capitalization of $304.96 million, a PE ratio of 39.32 and a beta of 1.21.

Hedge Funds Weigh In On Flotek Industries

Several large investors have recently made changes to their positions in the business. Jefferies Financial Group Inc. lifted its holdings in shares of Flotek Industries by 56.3% during the fourth quarter. Jefferies Financial Group Inc. now owns 50,000 shares of the oil and gas company’s stock valued at $476,000 after purchasing an additional 18,000 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of Flotek Industries during the fourth quarter valued at approximately $206,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Flotek Industries during the fourth quarter valued at approximately $57,000. Man Group plc purchased a new position in shares of Flotek Industries during the fourth quarter valued at approximately $127,000. Finally, Occudo Quantitative Strategies LP lifted its holdings in shares of Flotek Industries by 110.6% during the fourth quarter. Occudo Quantitative Strategies LP now owns 21,857 shares of the oil and gas company’s stock valued at $208,000 after purchasing an additional 11,479 shares during the last quarter. 10.90% of the stock is currently owned by hedge funds and other institutional investors.

Flotek Industries Company Profile

Flotek Industries, Inc operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA).