Archrock Inc reports results for the quarter ended March 31 - Earnings Summary

Archrock

05/05/2025 23:37

Archrock Inc AROC.N reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 26 cents.  The mean expectation of six analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 36 cents to 43 cents per share.

Revenue rose 29.3% to $347.16 million from a year ago; analysts expected $342.79 million.

Archrock Inc's reported EPS for the quarter was 40 cents​.

The company reported quarterly net income of $70.85 million.

Archrock Inc shares had fallen by 6.4% this quarter and lost 1.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 18.7% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Archrock Inc is $31.00

This summary was machine generated from LSEG data May 5 at 10:37 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.38
0.41
Beat
Dec. 31 2024
0.30
0.34
Beat
Sep. 30 2024
0.27
0.22
Missed
Jun. 30 2024
0.25
0.23
Missed