Archrock Inc expected to post earnings of 21 cents a share - Earnings Preview

Archrock

16/02/2024 21:23

* Archrock Inc  AROC.N   AROC.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
16.0% increase in revenue to $253.981 million from $218.87
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Archrock Inc is for
earnings
of 21 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
$18.00​, above​ its last closing price of $17.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.19        0.19       0.20      Beat    5.3
 Jun. 30 2023  0.14        0.14       0.16      Beat    11.6
 Mar. 31 2023  0.12        0.12       0.10      Missed  -13​
 Dec. 31 2022  0.07        0.07       0.08      Beat    14.3
 ​​Sep.        0.04        0.04       0.10      Beat    150
 30 2022                                                
 Jun. 30 2022  0.12        0.12       0.11      Missed  -8.3​
 Mar. 31 2022  0.06        0.06       0.01      Missed  -83.3
 Dec. 31 2021  0.02        0.02       0.04      Beat    122.2
 This summary was machine generated February 16 at 21:23 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)