Antero Midstream (AM) Q4 Earnings Beat on Compression Volumes

Antero Midstream Corporation (AM) reported fourth-quarter 2023 adjusted earnings per share of 24 cents, which beat the Zacks Consensus Estimate of 21 cents. The bottom line also improved from the year-ago quarter’s level of 20 cents.Total quarterly revenues of $260 million surpassed the Zacks Consensus Estimate of$249 million. The top line also increased from $242 million recorded in the year-ago quarter.Such strong quarterly results were primarily driven by higher compression and increased low pressure ga ...