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

Drilling Tools International (NASDAQ:DTI) will likely be posting its quarterly earnings results 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.Individual interested in listening to the company’s earnings conference call can do so using this link.

Drilling Tools International (NASDAQ:DTI) last released its quarterly earnings data on Thursday, March 13th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. Drilling Tools International had a return on equity of 15.38% and a net margin of 5.46%. The company had revenue of $39.85 million for the quarter, compared to the consensus estimate of $38.99 million. During the same quarter last year, the business 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 Price Performance

Shares of DTI opened at $2.73 on Tuesday. The business has a 50-day simple moving average of $3.11 and a two-hundred day simple moving average of $3.37. Drilling Tools International has a 12-month low of $2.50 and a 12-month high of $6.36. The stock has a market cap of $97.17 million, a PE ratio of 9.75, a PEG ratio of 0.90 and a beta of -0.86. The company has a quick ratio of 0.99, a current ratio of 1.32 and a debt-to-equity ratio of 0.15.

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.