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

Aris Water Solutions

10/11/2022 24:20

* Aris Water Solutions Inc  ARIS.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 21 cents per share.
    * Revenue rose 52.6% to $90.78 million from a year ago;
analysts
expected $82.20 million. 
    * Aris Water Solutions Inc's reported EPS for the quarter
was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Aris Water Solutions Inc shares had risen by 34.1% this
quarter and gained 32.1% so far this year.
    * The company reported quarterly net income of $699
thousand.
    * Wall Street's median 12-month price target for Aris Water
Solutions Inc is $22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 12:20 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.21           0.02           Missed
 Jun. 30 2022      0.24           0.28           Beat
 Mar. 31 2022      0.15           0.46           Beat
 Dec. 31 2021      0.14           0.52           Beat