Aris Water Solutions Inc reports results for the quarter ended in June - Earnings Summary

Aris Water Solutions

02/08/2023 22:02

* Aris Water Solutions Inc  ARIS.N  reported quarterly
adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue rose 26.5% to $96.63 million from a year ago;
analysts
expected $92.61 million. 
    * Aris Water Solutions Inc's reported EPS for the quarter
was 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Aris Water Solutions Inc shares had risen by 6.0% this
quarter and lost 24.1% so far this year.
    * The company reported quarterly net income of $4.7 million.
    * Wall Street's median 12-month price target for Aris Water
Solutions Inc is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.12           0.22           Beat
 Mar. 31 2023      0.10           0.17           Beat
 Dec. 31 2022      0.18           0.06           Missed
 Sep. 30 2022      0.21           0.02           Missed