USA Compression Partners Q2 2024 GAAP EPS $0.23 Beats $0.17 Estimate, Sales $235.310M Beat $234.902M Estimate
Portfolio Pulse from Benzinga Newsdesk
USA Compression Partners (NYSE:USAC) reported Q2 2024 earnings of $0.23 per share, beating the analyst estimate of $0.17 by 35.29%. Sales were $235.310 million, slightly above the $234.902 million estimate. This represents a significant year-over-year increase in both earnings and sales.
August 06, 2024 | 10:57 am
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USA Compression Partners (NYSE:USAC) reported strong Q2 2024 earnings of $0.23 per share, beating the analyst estimate of $0.17 by 35.29%. Sales were $235.310 million, slightly above the $234.902 million estimate. This represents a significant year-over-year increase in both earnings and sales.
The significant beat on both earnings per share and sales, along with strong year-over-year growth, is likely to positively impact USAC's stock price in the short term. Investors will view the company's performance favorably, leading to increased buying interest.
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IMPORTANCE 90
RELEVANCE 100