Aris Water Solutions, Inc. (ARIS) Misses Q3 Earnings Estimates
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Aris Water Solutions, Inc. (ARIS) reported Q3 earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.27. This is an increase from $0.17 per share a year ago.
November 05, 2024 | 12:30 pm
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NEGATIVE IMPACT
Aris Water Solutions reported Q3 earnings of $0.22 per share, missing the expected $0.27. Despite the miss, earnings increased from $0.17 a year ago.
The earnings miss is likely to negatively impact ARIS's stock price in the short term as it failed to meet analyst expectations. However, the year-over-year increase in earnings per share may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100