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

Archrock

01/08/2023 24:23

* Archrock Inc  AROC.N  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 14 cents per share.
    * Revenue rose 14.7% to $247.54 million from a year ago;
analysts
expected $241.77 million. 
    * Archrock Inc's reported EPS for the quarter was 16 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Archrock Inc shares had risen by 12.4% this quarter and
gained 28.3% so far this year.
    * The company reported quarterly net income of $24.65
million.
    * Wall Street's median 12-month price target for Archrock
Inc is
$13.00 
    * 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 LSEG Refinitiv data July
31 at 11:23 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.14           0.16           Beat
 Mar. 31 2023      0.12           0.10           Missed
 Dec. 31 2022      0.07           0.08           Beat
 Sep. 30 2022      0.04           0.10           Beat