Archrock(US:AROC) ZACKS·2024-11-12 00:11Core Insights - Archrock Inc. reported quarterly earnings of $0.28 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.20 per share a year ago [1] - The company posted revenues of $292.16 million for the quarter ended September 2024, which was a 15.3% increase from $253.37 million year-over-year, but missed the Zacks Consensus Estimate by 0.27% [2] - Archrock's shares have increased by approximately 46.9% year-to-date, outperforming the S&P 500's gain of 25.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.33, with expected revenues of $322.93 million, and for the current fiscal year, the EPS estimate is $1.10 on revenues of $1.15 billion [7] - The trend of estimate revisions for Archrock Inc. is favorable, contributing to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Oil and Gas - Field Services industry, to which Archrock belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8]