Team (NYSE:TISI) Issues Earnings Results, Beats Expectations By $4.51 EPS

Team (NYSE:TISI) announced its quarterly earnings data on Thursday. The business services provider reported ($1.43) earnings per share (EPS) for the quarter, topping the consensus estimate of ($5.94) by $4.51, FiscalAI reports. The firm had revenue of $220.37 million during the quarter, compared to the consensus estimate of $208.88 million.

Here are the key takeaways from Team’s conference call:

• Negative Sentiment: Third-quarter revenue fell 2% to $220.4 million, while turnaround revenue declined approximately 49% year over year. The company lowered its 2026 outlook, citing continued maintenance deferrals and Middle East disruptions that pushed additional work beyond year-end.
• Negative Sentiment: Adjusted EBITDA was $15.7 million, but Mechanical Services operating income dropped to $0.4 million from $3.4 million as lower turnaround activity hurt utilization. Management expects much of the deferred work to return in early 2027, though timing depends on customer schedules and market conditions.
• Positive Sentiment: Team raised its expected full annual run-rate benefit from structural cost improvements to $30 million–$38 million, from $20 million–$35 million previously. It reported about $9 million in savings realized through Q3 and expects $15 million–$18 million of benefit in 2026.
• Positive Sentiment: Inspection and Heat-Treating revenue grew 3.9% to $127.1 million, helping offset weakness in Mechanical Services; adjusted EBITDA rose 8.2% to $15.7 million and margin improved to 7.1%. Management attributed the gains partly to lower adjusted SG&A and a more favorable project mix.
• Positive Sentiment: The company is in advanced discussions on potential multi-year aerospace and European nuclear opportunities, and a resolved legal dispute may allow it to pursue more business with a former customer whose historical revenue exceeded $20 million annually. The opportunities remain unsigned, are not included in 2026 guidance, and any contribution is expected to build over time.

Team Stock Down 1.2%

TISI traded down $0.28 on Friday, reaching $23.06. 27,601 shares of the company traded hands, compared to its average volume of 16,960. Team has a one year low of $12.47 and a one year high of $29.57. The firm has a fifty day simple moving average of $25.64 and a two-hundred day simple moving average of $19.06. The company has a market cap of $105.61 million, a P/E ratio of -2.34 and a beta of 1.15.

Insider Transactions at Team

In other news, CFO Clinton Roeder purchased 9,000 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was purchased at an average price of $22.89 per share, for a total transaction of $206,010.00. Following the completion of the acquisition, the chief financial officer owned 9,000 shares of the company’s stock, valued at approximately $206,010. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Anthony R. Horton acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average cost of $22.90 per share, for a total transaction of $45,800.00. Following the purchase, the director owned 28,082 shares of the company’s stock, valued at $643,077.80. This represents a 7.67% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 23,500 shares of company stock worth $575,750 over the last 90 days. Insiders own 8.80% of the company’s stock.

Latest Team News

These are some of the TISI news items that stood out recently:

• Positive Sentiment: Q3 adjusted earnings were a loss of $1.43 per share, considerably narrower than the expected $5.94 loss. Revenue of $220.37 million also exceeded the $208.88 million consensus estimate. Team Q3 earnings results
• Neutral Sentiment: Team updated its FY 2026 earnings guidance and said it is advancing operational transformation and commercial diversification initiatives. The reports provided here do not include revised guidance figures, making the outlook difficult to assess. Team Q3 2026 results and initiatives
• Negative Sentiment: Despite beating estimates, the company remained loss-making, which may temper the positive signal from the quarterly results. TISI was trading lower in the provided snapshot, although the articles do not establish what drove the move.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a research note on Thursday, October 15th. Wall Street Zen raised Team to a “hold” rating in a research report on Saturday, September 19th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

About Team

TEAM, Inc. is a provider of specialty industrial services for customers in energy, chemical, power, and other process industries. Its work supports the inspection, maintenance, repair, and integrity of industrial facilities and equipment. The company’s services include nondestructive testing and inspection, heat treating, mechanical services, specialty welding, leak repair, and hot tapping. These offerings help customers assess equipment condition, address maintenance needs, and perform work while limiting facility downtime.