Antero Midstream Q2 2024 Adj. EPS $0.23 Beats $0.22 Estimate, Sales $269.795M Miss $269.801M Estimate
Portfolio Pulse from Benzinga Newsdesk
Antero Midstream (NYSE:AM) reported Q2 2024 adjusted EPS of $0.23, beating the estimate of $0.22. However, sales of $269.795 million slightly missed the estimate of $269.801 million. Sales increased by 4.46% compared to the same period last year.
July 31, 2024 | 8:24 pm
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Antero Midstream (NYSE:AM) reported Q2 2024 adjusted EPS of $0.23, beating the estimate of $0.22. However, sales of $269.795 million slightly missed the estimate of $269.801 million. Sales increased by 4.46% compared to the same period last year.
The EPS beat is a positive indicator and will likely have a short-term positive impact on the stock price. The slight miss in sales is negligible and offset by the year-over-year sales growth of 4.46%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100