Antero Midstream (US:AM) ZACKS·2025-05-07 14:36Core Insights - Antero Midstream Corporation reported revenue of $291.13 million for Q1 2025, a 4.3% increase year-over-year, with an EPS of $0.25 compared to $0.21 a year ago, exceeding both revenue and EPS consensus estimates [1][3] Financial Performance - Revenue surprise was +3.45% over the Zacks Consensus Estimate of $281.42 million, while the EPS surprise was +8.70% over the consensus estimate of $0.23 [1] - Antero Midstream's stock has returned +9.8% over the past month, compared to the S&P 500 composite's +10.6% change, with a Zacks Rank of 3 (Hold) indicating potential performance in line with the broader market [3] Key Metrics - Average Daily Volumes for Low Pressure Gathering: 3348 million cubic feet, slightly below the estimate of 3349.52 million cubic feet [4] - Average Daily Volumes for High Pressure Gathering: 3106 million cubic feet, above the estimate of 3055.67 million cubic feet [4] - Average Daily Volumes for Compression: 3330 million cubic feet, exceeding the estimate of 3248.62 million cubic feet [4] - Average Daily Volumes for Fresh Water Delivery: 105 million barrels, close to the estimate of 105.44 million barrels [4] - Revenues from Water Handling (Antero Resources): $70.28 million, above the estimate of $66.84 million, representing a +2.7% year-over-year change [4] - Revenues from Gathering and Processing (Antero Resources): $238.02 million, exceeding the estimate of $232.65 million, with a +4.6% year-over-year change [4] - Revenues from Gathering and Processing: $228.75 million, above the estimate of $224.88 million, reflecting a +4.8% year-over-year change [4] - Revenues from Water Handling: $62.38 million, surpassing the estimate of $56.27 million, with a +2.7% year-over-year change [4] - Amortization of customer relationships reported at -$17.67 million, matching the estimate with a year-over-year change of 0% [4]