Team (NYSE:TISI) Posts Earnings Results, Beats Estimates By $4.51 EPS

Team (NYSE:TISI) released its quarterly earnings results on Thursday. The business services provider reported ($1.43) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($5.94) by $4.51, FiscalAI reports. The business 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 Up 15.4%

TISI stock traded up $3.07 during trading on Thursday, hitting $22.99. The company had a trading volume of 162,916 shares, compared to its average volume of 16,920. The firm has a 50-day moving average price of $25.71 and a 200-day moving average price of $19.02. Team has a 12 month low of $12.47 and a 12 month high of $29.57. The stock has a market cap of $105.36 million, a price-to-earnings ratio of -2.44 and a beta of 1.15.

Key Stories Impacting Team

Investors following TISI have been watching these stories:

• Positive Sentiment: Team reported a third-quarter loss of $1.43 per share, substantially narrower than analysts’ expected loss of $5.94. Revenue of $220.37 million also exceeded the $208.88 million consensus estimate. The earnings and revenue beats are positive signals, though EPS remained negative. Team, Inc. Reports Third Quarter 2026 Results
• Neutral Sentiment: The company said it is advancing operational transformation and commercial diversification initiatives. These may support longer-term performance, but the report summary provides no measurable results or financial impact yet. Team, Inc. Reports Third Quarter 2026 Results
• Neutral Sentiment: Team updated its FY 2026 earnings guidance, but the supplied report does not state the revised outlook, leaving the direction and implications unclear. Team, Inc. Reports Earnings Results

Insider Buying and Selling at Team

In other news, CFO Clinton Roeder acquired 9,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were purchased at an average cost of $22.89 per share, for a total transaction of $206,010.00. Following the transaction, the chief financial officer owned 9,000 shares of the company’s stock, valued at approximately $206,010. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Anthony Horton bought 2,000 shares of the stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of $22.90 per share, with a total value of $45,800.00. Following the completion of the purchase, the director directly owned 28,082 shares in the company, valued at approximately $643,077.80. This trade represents a 7.67% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 23,500 shares of company stock worth $575,750. Company insiders own 8.80% of the company’s stock.

Wall Street Analysts Forecast Growth

TISI has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Team to a “hold” rating in a report on Saturday, September 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Team in a research note on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About Team

Team, Inc. is an industrial services company that provides asset integrity management, inspection, maintenance, and repair services for customers with complex industrial infrastructure. Its work supports the safe and reliable operation of facilities and equipment in industries such as energy, petrochemicals, refining, power generation, and other process-based sectors. The company’s services include nondestructive testing and examination, mechanical integrity assessment, engineering and consulting, heat treatment, rope access, leak detection and repair, field machining, and specialized repair and maintenance.