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Stock Market & Financial Investment News

News Breaks
January 8, 2013
12:00 EDTTISITeam rises 9.9%
Team is up 9.9%, or $3.66, to $40.75
News For TISI From The Last 14 Days
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May 20, 2013
15:51 EDTTISITeam sees FY14 EPS $2.00, consensus $2.24
Sees FY14 revenue $790M, consensus $789.17M. Team expects to issue its formal FY14 earnings guidance in early August coinciding with the release of FY13 results. Based on the company's initial review and planning, current expectations for FY14 remain consistent with past performance of: organic revenue growth of about 10% reflecting continuing significant business development opportunities in a number of areas; return to historical operating and utilization levels and operating profit margins above 9%. These expectations would be indicative of FY14 revenues of approximately $790M and earnings of about $2.00 per share.
15:49 EDTTISITeam cuts Q4 EPS view to 52c-60c, consensus 74c
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10:10 EDTTISITeam to host conference call
Conference call to discuss the decrease in 4Q13 earnings guidance will be held on May 20 at 11 am. Webcast Link

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