Previous close | 19.19 |
Open | 20.39 |
Bid | 0.00 x 1300 |
Ask | 0.00 x 1000 |
Day's range | 18.98 - 20.56 |
52-week range | 8.92 - 21.40 |
Volume | |
Avg. volume | 1,366,995 |
Market cap | 3.048B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 23.49 |
EPS (TTM) | 0.83 |
Earnings date | 29 July 2024 - 02 Aug 2024 |
Forward dividend & yield | 0.66 (3.38%) |
Ex-dividend date | 06 May 2024 |
1y target est | 21.00 |
Strong Performance Driven by Increased Demand and Efficient Operations
Archrock Inc. (AROC) delivered earnings and revenue surprises of 18.18% and 3.06%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”,” the “Company,” “we,” “us,” “our”) today reported results for the first quarter 2024. First Quarter 2024 Highlights Revenue for the first quarter of 2024 was $268.5 million compared to $229.8 million in the first quarter of 2023.Net income for the first quarter of 2024 was $40.5 million compared to $16.5 million in the first quarter of 2023.Adjusted EBITDA (a non-GAAP measure defined below) for the first quarter