Antero Midstream Q2 EPS $0.22 Beats $0.20 Estimate, Sales $258.29M Miss $268.63M Estimate
Portfolio Pulse from mahesh@benzinga.com
Antero Midstream (NYSE:AM) reported Q2 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10%. However, the company's quarterly sales of $258.29 million missed the analyst consensus estimate of $268.63 million by 3.85%. This represents a 10% increase in earnings and a 12.83% increase in sales compared to the same period last year.
July 26, 2023 | 8:26 pm
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Antero Midstream's Q2 earnings beat estimates but sales missed, indicating mixed performance. This could lead to volatility in the short term.
Antero Midstream's earnings beat estimates, which is a positive signal for investors. However, the miss on sales could be a concern, potentially leading to mixed reactions in the market. This could result in short-term volatility for the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100