Team Inc. (TISI) reported third quarter adjusted net income of $0.10 per share after the close Tuesday, compared to $0.08 per share in the prior year. The consensus estimate was for EPS of $0.18.
Team Inc. traded to the downside throughout Wednesday's session and closed lower by 3.98 at $28.88 on above average volume. The stock fell to a 2-month low and dropped below its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.