Archrock Rises 2.43% as Investors Await Earnings
Archrock shares gained more than the major U.S. indexes in the latest session, while Zacks estimates point to flat quarterly revenue.
Key takeaways
- Archrock closed at $30.83, up 2.43% in the latest session.
- Zacks estimates quarterly revenue of $382.43 million, unchanged from a year earlier.
Archrock shares rose 2.43% to close at $30.83 in the latest trading session, outpacing the S&P 500’s 0.58% gain. The Dow rose 0.49%, while the Nasdaq added 0.45%.
Over the past month, the shares fell 7.92%, compared with a 0.73% decline for the Oils-Energy sector and a 0.84% gain for the S&P 500.
Ahead of Archrock’s upcoming earnings disclosure, Zacks consensus estimates call for earnings of $0.45 per share and revenue of $382.43 million. The revenue estimate is unchanged from the prior-year quarter. For the full year, Zacks projects earnings of $1.73 per share and revenue of $1.51 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance
