Archrock Inc reports results for the quarter ended in December - Earnings Summary

Archrock

21/02/2023 22:47

* Archrock Inc  AROC.N  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 12.1% to $218.87 million from a year ago;
analysts
expected $213.27 million. 
    * Archrock Inc's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Archrock Inc shares had risen by 6.3% this quarter.
    * The company reported quarterly net income of $10.46
million.
    * Wall Street's median 12-month price target for Archrock
Inc is
$10.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.07           0.08           Beat
 Sep. 30 2022      0.04           0.10           Beat
 Jun. 30 2022      0.12           0.11           Missed
 Mar. 31 2022      0.06           0.01           Missed