Archrock Inc expected to post earnings of 25 cents a share - Earnings Preview

Archrock

26/07/2024 22:01

* Archrock Inc  AROC.N   AROC.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
9.3% increase in revenue to $270.604 million from $247.54
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 25 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
$23.50​, above​ its last closing price of $21.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.22        0.22       0.26      Beat    16.4
 Dec. 31 0001  0.21        0.21       0.21      Met     -1.6
 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.        0.12        0.12       0.10      Missed  -13
 31 2023                                                
 Jan. 1 0001   0.07        0.07       0.08      Beat    14.3​
 Sep. 30 2022  0.04        0.04       0.10      Beat    150
 Jan. 1 0001   0.12        0.12       0.11      Missed  -8.3
 This summary was machine generated July 26 at 21:01 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)