Flotek Industries (FTK) Q1 Earnings and Revenues Surpass Estimates

Flotek Industries (FTK) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of$ 0.06 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 183.33%. A quarter ago, it was expected that this oilfield services company would post earnings of$ 0.10 per share when it actually produced earnings of $0.14, delivering a surprise of 40%.Over the last four quart ...