Core Viewpoint - Archrock Inc. (AROC) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations in previous quarters [1][6]. Company Performance - Archrock has a strong track record of surpassing earnings estimates, with an average surprise of 6.55% over the last two quarters [2]. - In the most recent quarter, Archrock reported earnings of $0.39 per share against an expectation of $0.37, resulting in a surprise of 5.41% [3]. - For the prior quarter, the consensus estimate was $0.39 per share, while the actual earnings were $0.42 per share, leading to a surprise of 7.69% [3]. Earnings Estimates - Recent changes in earnings estimates for Archrock have been favorable, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - The current Earnings ESP for Archrock is +7.32%, reflecting increased analyst optimism regarding its near-term earnings potential [9]. Zacks Rank and Predictive Power - Archrock holds a Zacks Rank of 2 (Buy), which, when combined with its positive Earnings ESP, suggests a high probability of another earnings beat [9]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [7].
Will Archrock Inc. (AROC) Beat Estimates Again in Its Next Earnings Report?