Investors Heavily Search Archrock, Inc. (AROC): Here is What You Need to Know
ArchrockArchrock(US:AROC) ZACKS·2024-08-07 14:02

Core Viewpoint - Archrock Inc. has experienced a stock return of -6% over the past month, slightly underperforming the Zacks S&P 500 composite's -5.9% and the Zacks Oil and Gas - Field Services industry's -4.5% [1] Earnings Estimates - For the current quarter, Archrock Inc. is expected to post earnings of $0.26 per share, reflecting a +30% change from the year-ago quarter, although the Zacks Consensus Estimate has decreased by -3.7% over the last 30 days [3] - The consensus earnings estimate for the current fiscal year is $1.02, indicating a +47.8% change from the prior year, with a -3.3% revision over the last 30 days [3] - For the next fiscal year, the consensus estimate is $1.21, showing an +18.6% change from the previous year, with a -1.6% change in the estimate over the past month [3] Revenue Growth - The consensus sales estimate for the current quarter is $274.31 million, indicating a year-over-year change of +8.3% [5] - For the current fiscal year, the revenue estimates are $1.09 billion and $1.16 billion, reflecting changes of +10.2% and +6.1%, respectively [5] Last Reported Results - Archrock Inc. reported revenues of $270.53 million in the last quarter, a +9.3% year-over-year change, with an EPS of $0.25 compared to $0.18 a year ago [6] - The reported revenues were slightly below the Zacks Consensus Estimate of $270.61 million, resulting in a surprise of -0.03%, while the EPS surprise was +4.17% [6] - Over the last four quarters, Archrock Inc. has surpassed consensus EPS estimates three times and revenue estimates three times [6] Valuation - The Zacks Value Style Score for Archrock Inc. is graded C, indicating that it is trading at par with its peers [8]

Investors Heavily Search Archrock, Inc. (AROC): Here is What You Need to Know - Reportify