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

Archrock

02/05/2023 23:35

* Archrock Inc  AROC.N  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
12 cents per share.
    * Revenue was $229.83 million​; analysts expected $229.97
million. 
    * Archrock Inc's reported EPS for the quarter was 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 43.8%
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 6.6% this quarter and
gained 15.9% so far this year.
    * The company reported quarterly net income of $16.49
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 May
2 at 10:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.12           0.10           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