Here's Why Hold Strategy is Apt for Antero Midstream (AM) Stock
Antero Midstream (AM) Zacks Investment Research·2024-04-09 15:46
Antero Midstream Corporation (AM) has witnessed upward earnings estimate revisions for 2024 in the past 60 days.The company, currently carrying a Zacks Rank #3 (Hold), beat the Zacks Consensus Estimate for earnings in the trailing four quarters, delivering a surprise of 11.1% on average.Sustained Earnings GrowthAntero Midstream has shown consistent earnings growth, with an 18% compound annual growth rate in EBITDA from 2014 to 2023, and is guiding to a mid-point of $1.04 billion of EBITDA for 2024. The comp ...