Treco
Trecora (TREC) got here out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a lack of $0.02 per share. This compares to lack of $0.14 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 250%. 1 / 4 in the past, it was anticipated that this petrochemical firm would publish earnings of $0.04 per share when it really produced earnings of $0.06, delivering a shock of 50%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Trecora, which belongs to the Zacks Chemical – Diversified business, posted revenues of $61.72 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.19%. This compares to year-ago revenues of $74.67 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.
The sustainability of the inventory’s…