Archrock Inc expected to post earnings of 14  cents a share - Earnings Preview

Archrock

29/07/2023 02:32

* Archrock Inc  AROC.N   AROC.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 31. 
    * The Houston Texas-based  company is expected to report  a
12.0% increase in revenue to $241.775 million from $215.83
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Archrock Inc is for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Archrock
Inc is
$13​, above​ its last closing price of $11.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.12        0.12       0.10      Missed  -13
 Dec. 31 2023  0.07        0.07       0.08      Beat    14.3
 Sep. 30 2022  0.04        0.04       0.10      Beat    150​
 Jun. 30 2022  0.12        0.12       0.11      Missed  -8.3
 ​​Mar.        0.06        0.06       0.01      Missed  -83.3
 31 2022                                                
 Dec. 31 2021  0.02        0.02       0.04      Beat    122.2​
 Sep. 30 2021  0.07        0.07       0.06      Missed  -13.7
 Jun. 30 2021  0.06        0.06       0.06      Met     -1.1
 This summary was machine generated July 29 at 01:32 GMT.  All
figures in US dollars  unless otherwise stated