Select Energy Services (NYSE:WTTR) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.16 by 37.5 percent. This is a 257.14 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $375.07 million which beat the analyst consensus estimate of $355.99 million by 5.36 percent. This is a 83.29 percent increase over sales of $204.63 million the same period last year.
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Shares of electric vehicle makers swayed to the tune of the broader market sentiment, although some reacted to company-specific catalysts. EV leader Tesla, Inc.
