Aris Water Solutions Q2 2024 Adj. EPS $0.29 Beats $0.25 Estimate, Sales $101.117M Beat $96.915M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aris Water Solutions (NYSE:ARIS) reported Q2 2024 earnings of $0.29 per share, beating the analyst estimate of $0.25 by 16%. Sales were $101.117 million, surpassing the $96.915 million estimate. This represents a 31.82% increase in EPS and a 4.64% increase in sales compared to the same period last year.
August 06, 2024 | 9:35 pm
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Aris Water Solutions reported strong Q2 2024 earnings, with EPS of $0.29 beating estimates by 16% and sales of $101.117 million surpassing expectations. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100