Archrock Q3 EPS $0.20 Beats $0.19 Estimate, Sales $253.37M Beat $252.04M Estimate
Portfolio Pulse from mahesh@benzinga.com
Archrock (AROC) reported Q3 earnings of $0.20 per share, beating the analyst consensus estimate of $0.19 by 5.26%. This is a 100% increase from the same period last year. The company also reported quarterly sales of $253.37 million, beating the analyst consensus estimate of $252.04 million by 0.53%. This is an 18.58% increase from the same period last year.
November 01, 2023 | 9:00 pm
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POSITIVE IMPACT
Archrock's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Archrock's earnings and sales for Q3 have exceeded analyst estimates, which is typically a positive signal for investors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100