Archrock Inc expected to post earnings of 27 cents a share - Earnings Preview

Archrock

08/11/2024 21:39

* Archrock Inc  AROC.N   AROC.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 12 for
the period ending January 1 0001
    * The Houston Texas-based  company is expected to report a
13.0% increase in revenue to $286.186 million from $253.37
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Archrock Inc is for
earnings
of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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
$24.50​, above​ its last closing price of $22.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.25        0.25       0.23      Missed  -6.8
 Mar. 31 2024  0.22        0.22       0.26      Beat    16.4
 Jan. 1 0001   0.21        0.21       0.21      Met     -1.6​
 Sep. 30 2023  0.19        0.19       0.20      Beat    5.3
 ​​Jun.        0.14        0.14       0.16      Beat    11.6
 30 2023                                                
 Mar. 31 2023  0.12        0.12       0.10      Missed  -13​
 Dec. 31 2022  0.07        0.07       0.08      Beat    14.3
 Sep. 30 2022  0.04        0.04       0.10      Beat    150
 This summary was machine generated November 8 at 21:39 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)