Flotek Industries (FTK) Tops Q3 Earnings and Revenue Estimates

Impact · against what's priced in

Flotek Industries (FTK) showed strong growth with a significant beat on both EPS and revenue, doubling year-over-year revenues. The magnitude of the surprise and the established pattern of beating consensus suggest positive momentum for the stock.

FTK+0.60

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In context

FTK reported a 54.55% earnings surprise ($0.34 vs $0.22) and revenue of $114.35 million, which is a 104% increase over the year-ago quarter.

Read from the article alone

• specialty chemicals▲150%
• revenue growth
• earnings
• FTK
• earnings beat
• oilfield services

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