Archrock Q2 EPS $0.16 Beats $0.14 Estimate, Sales $247.54M Beat $241.77M Estimate
Portfolio Pulse from bharat@benzinga.com
Archrock (NYSE:AROC) reported Q2 earnings of $0.16 per share, beating the analyst consensus estimate of $0.14 by 14.29%. This is a 45.45% increase from the same period last year. The company also reported quarterly sales of $247.54 million, beating the analyst consensus estimate of $241.77 million by 2.39%. This is a 14.69% increase from the same period last year.
July 31, 2023 | 9:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Archrock's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Archrock's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100