Trecora Resources Announces First Quarter 2021 Results

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Trecora Resources (TREC) Reports Q1 Loss of $0.18, Revenues Miss

May 4, 2021 4:47 PM EDT

Trecora Resources (NYSE: TREC) reported Q1 EPS of ($0.18), versus $0.24 reported last year. Revenue for the quarter came in at $54.59 million versus the consensus estimate of $58.14 million.

Executive Commentary

"Over the last year, we have been focused on strengthening our balance sheet and managing through the uncertainties and disruptions created by the COVID-19 pandemic, ensuring that Trecora emerged in a position of strength. In addition, prudent capital allocation has been at the forefront of our agenda, including returning value to our stockholders," said Pat Quarles, Trecora's President and Chief Executive Officer.

"We... More