USA Compression Partners Raises FY24 Outlook: Net Income Of $105M-$125M From $95M-$115M Prior, Adjusted EBITDA To $565M-$585M From $555M-$575M
Portfolio Pulse from Benzinga Newsdesk
USA Compression Partners has raised its FY24 outlook, increasing its net income forecast to $105M-$125M from $95M-$115M, adjusted EBITDA to $565M-$585M from $555M-$575M, and distributable cash flow to $345M-$365M from $340M-$360M.
August 06, 2024 | 11:00 am
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USA Compression Partners has raised its FY24 outlook, increasing its net income forecast to $105M-$125M from $95M-$115M, adjusted EBITDA to $565M-$585M from $555M-$575M, and distributable cash flow to $345M-$365M from $340M-$360M.
The raised outlook for net income, adjusted EBITDA, and distributable cash flow indicates stronger financial performance than previously expected. This is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100