Team Q2 Profit Rises - Quick Facts

(RTTNews) - Team, Inc. (TISI) Tuesday reported second-quarter profit of $14.4 million or $0.68 per share, up from $13.94 million or $0.66 per share in the same period last year.

Adjusted earnings for the quarter was $13.1 million or $0.62 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.62 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues dropped slightly to $200.49 million from $200.65 million last year. Analysts expected revenues of $211.82 million.

Looking ahead, the company continues to project full year 2014 earnings in the range of $1.55 to $1.85 per share, with revenues ranging between $765 million and $790 million. Analysts currently expect the company to report full-year earnings of $1.68 per share on revenues of $780.30 million.