TETRA Technologies (NYSE: TTI) is expected to report Q1 earnings on May 8. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict TETRA Technologies's revenues will expand 22.6% and EPS will grow 233.3%.

The average estimate for revenue is $221.6 million. On the bottom line, the average EPS estimate is $0.10.

Revenue details
Last quarter, TETRA Technologies reported revenue of $231.1 million. GAAP reported sales were 24% higher than the prior-year quarter's $186.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.21. GAAP EPS were -$0.05 for Q4 against -$0.33 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 25.9%, much better than the prior-year quarter. Operating margin was -0.6%, much better than the prior-year quarter. Net margin was -1.7%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $996.8 million. The average EPS estimate is $0.80.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 351 members out of 360 rating the stock outperform, and nine members rating it underperform. Among 81 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give TETRA Technologies a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TETRA Technologies is outperform, with an average price target of $10.57.

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