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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100