Archrock Partners, L.P. (NASDAQ:APLP) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, August 2nd. Analysts expect the company to announce earnings of $0.07 per share for the quarter.
Archrock Partners, L.P. (NASDAQ:APLP) last issued its quarterly earnings results on Thursday, May 4th. The energy company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.10. The business had revenue of $137.29 million during the quarter, compared to the consensus estimate of $139.76 million. Archrock Partners, L.P. had a positive return on equity of 6.91% and a negative net margin of 2.84%. The business’s quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 earnings per share. On average, analysts expect Archrock Partners, L.P. to post $0.38 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
Archrock Partners, L.P. (NASDAQ APLP) opened at 14.70 on Wednesday. Archrock Partners, L.P. has a 12 month low of $12.43 and a 12 month high of $18.55. The company’s market capitalization is $963.95 million. The firm has a 50-day moving average price of $14.58 and a 200 day moving average price of $16.32.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://stocknewstimes.com/2017/07/26/archrock-partners-l-p-aplp-scheduled-to-post-quarterly-earnings-on-wednesday.html.
Several research firms have issued reports on APLP. Royal Bank Of Canada restated a “hold” rating and issued a $20.00 price objective on shares of Archrock Partners, L.P. in a research note on Friday, April 21st. Zacks Investment Research lowered Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. BidaskClub lowered Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday. Goldman Sachs Group, Inc. (The) lowered Archrock Partners, L.P. from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a research note on Monday, May 29th. Finally, Capital One Financial Corporation lowered Archrock Partners, L.P. from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 23rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $18.00.
Archrock Partners, L.P. Company Profile
Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The Company’s contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.
Receive News & Ratings for Archrock Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archrock Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.
