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ARIS Aris Water Solutions News Story

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Aris Water Solutions Inc reports results for the quarter ended March 31 - Earnings Summary

Aris Water Solutions Inc ARIS.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 34 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 17 cents to 37 cents per share.

Revenue rose 16.5% to $120.49 million from a year ago; analysts expected $113.20 million.

Aris Water Solutions Inc's reported EPS for the quarter was 25 cents​.

The company reported quarterly net income of $8.61 million.

Aris Water Solutions Inc shares had fallen by 20.3% this quarter and gained 6.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Aris Water Solutions Inc is $33.50

This summary was machine generated from LSEG data May 7 at 12:42 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.290.35Beat
Dec. 31 20240.340.29Missed
Sep. 30 20240.300.34Beat
Jun. 30 20240.250.29Beat

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