Antero Resources Earnings Perspective: Return On Invested Capital
Portfolio Pulse from Benzinga Insights
Antero Resources (NYSE:AR) reported Q1 earnings of $261.20 million, a 67.11% increase from Q4, while sales dropped 32.42% to $1.41 billion. The company posted a Q1 return on invested capital (ROIC) of 3.04%, indicating effective capital allocation.
May 22, 2023 | 2:49 pm
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Antero Resources reported a 67.11% increase in Q1 earnings to $261.20 million and a 32.42% decrease in sales to $1.41 billion. The company's Q1 ROIC of 3.04% suggests effective capital allocation.
Antero Resources' Q1 earnings increased significantly, while sales decreased. The company's Q1 ROIC of 3.04% indicates effective capital allocation, which is a positive sign for future growth and higher earnings per share. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100