Aris Water Solutions Inc expected to post earnings of 23 cents a share - Earnings Preview

Aris Water Solutions

04/05/2024 03:57

* Aris Water Solutions Inc  ARIS.N   ARIS.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
5.4% increase in revenue to $96.516 million from $91.57 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Aris Water Solutions Inc
is
for earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Aris Water
Solutions Inc is $16.00​, above​ its last closing price
of $14.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.21        0.22       0.26      Beat    19
 Sep. 30 0001  0.19        0.18       0.23      Beat    25.1
 Jun. 30 2023  0.12        0.12       0.22      Beat    80.1​
 Jan. 1 0001   0.10        0.09       0.17      Beat    80.4
 ​​Dec.        0.16        0.18       0.06      Missed  -67.3
 31 2022                                                
 Sep. 30 2022  0.21        0.21       0.02      Missed  -90.4​
 Jan. 1 0001   0.24        0.24       0.28      Beat    16.1
 Mar. 31 2022  0.15        0.15       0.46      Beat    214.8
 This summary was machine generated May 4 at 02:57 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)