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

Aris Water Solutions

09/05/2023 19:55

* Aris Water Solutions Inc  ARIS.N  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue rose 29% to $91.57 million from a year ago;
analysts
expected $81.05 million. 
    * Aris Water Solutions Inc's reported EPS for the quarter
was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 61.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Aris Water Solutions Inc shares had fallen by 7.4% this
quarter and lost 50.0% so far this year.
    * The company reported quarterly net income of $3.38
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," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 06:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.10           0.17           Beat
 Dec. 31 2022      0.18           0.06           Missed
 Sep. 30 2022      0.21           0.02           Missed
 Jun. 30 2022      0.24           0.28           Beat