Antero Midstream Q4 2023 Adj EPS $0.24 Beats $0.21 Estimate, Sales $260.17M Beat $257.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Antero Midstream (NYSE:AM) reported Q4 2023 adjusted EPS of $0.24, surpassing the $0.21 estimate, with sales of $260.17M exceeding the $257.32M forecast. This represents a 7.71% increase in sales compared to the same period last year.
February 14, 2024 | 9:20 pm
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Antero Midstream reported a Q4 2023 adjusted EPS of $0.24, beating estimates, and sales of $260.17M, also above expectations. Year-over-year sales increased by 7.71%.
Antero Midstream's earnings and sales beat not only demonstrates the company's ability to exceed analyst expectations but also indicates a strong financial performance, especially with a significant year-over-year sales increase. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in AM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100