Select Water Solutions Posts 8% Revenue Beat and Break-Even EPS
Select Water Solutions reported Q4 revenue of $346.5 million, down 0.7% year-over-year but 8.0% above the $320.8 million consensus, and delivered break-even EPS versus a year-ago $0.01 loss. Chemical Technologies revenue jumped 38.2% to $86.97 million, while Water Services fell 14.8% to $178.34 million.
1. Q4 Financial Results
Select Water Solutions posted Q4 revenue of $346.5 million, down 0.7% year-over-year but 8.0% above the $320.8 million consensus, with break-even EPS versus a year-ago loss of $0.01.
2. Segment Performance
Chemical Technologies revenue rose 38.2% to $86.97 million, topping the $75.19 million estimate. Water Services fell 14.8% to $178.34 million against a $156.36 million estimate, while Water Infrastructure reached $81.19 million, up 5.7% year-over-year but below the $88 million forecast.
3. Profitability Metrics
Gross profit before depreciation and amortization totaled $34.94 million for Water Services versus $30.2 million estimated, $17.66 million for Chemical Technologies versus $14.3 million, and $43.92 million for Water Infrastructure versus $46.67 million.
4. Stock Performance & Outlook
Shares gained 8.5% over the past month despite mixed segment results; future earnings estimate revisions will guide near-term trajectory.