Trecora Resources Reports Third Quarter 2019 Results

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Trecora Resources (TREC) Misses Q3 EPS by 3c, Revenues Miss

November 6, 2019 4:58 PM EST

Trecora Resources (NYSE: TREC) reported Q3 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $62.7 million versus the consensus estimate of $69.17 million.

"Operational reliability, disciplined cost control and solid execution drove the Company\'s third quarter 2019 results, yielding net income from continuing operations of $1.6 million compared to net loss from continuing operations of $(0.7) million in third quarter 2018 and consolidated Adjusted EBITDA from continuing operations of $6.9 million compared to $4.9 million in the same period last year," said Pat Quarles, Trecora\'s President and Chief Executive... More