Flotek Industries, Inc. (NYSE:FTK) will unveil its latest earnings on Wednesday, November 9, 2011. The average estimate of analysts is for profit of 9 cents per share, a swing from net loss of 6 cents in the year earlier quarter. During the past three months, the average estimate has moved up from 8 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 9 cents during the last month. Analysts are projecting net income of 31 cents per share versus a loss of 67 cents last year.
The company missed estimates last quarter after beating forecasts in the prior two. In the second quarter, the company reported profit of 4 cents per share versus a mean estimate of net income of 5 cents per share. In the first quarter, the company beat estimates by 11 cents.
Competitors to Watch: Cameron Intl. Corp. (NYSE:CAM), Dril-Quip, Inc. (NYSE:DRQ), National-Oilwell Varco, Inc. (NYSE:NOV), Baker Hughes Incorporated (NYSE:BHI), Oil States Intl., Inc. (NYSE:OIS), Lufkin Industries, Inc. (NASDAQ:LUFK), FMC Technologies, Inc. (NYSE:FTI), Bolt Technology Corp. (NASDAQ:BOLT), Tesco Corporation (NASDAQ:TESO), and Newpark Resources, Inc. (NYSE:NR).
Capstone Turbine Corp (NASDAQ:CPST) will unveil its latest earnings on Wednesday, November 9, 2011. The average estimate of analysts is for a loss of 2 cents per share, a narrower loss from the year earlier quarter net loss of 4 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.
The company fell in line with estimates last quarter after missing in the prior quarter. After falling short of the mean estimate by 9 cents in the fourth quarter of the last fiscal year, the company fell in line with expectations by reporting net loss of 3 cents last quarter. Analysts are projecting a rise of 43% in revenue from the year-earlier quarter to $27.1 million.