Drilling Tools International Corp. (DTI) Misses Q1 Earnings Estimates

Drilling Tools International Corp. (DTI) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of$ 0.04 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post earnings of$ 0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 100%.Over the last four quarters ...