Archrock Reports First Quarter 2024 Results [Yahoo! Finance]
Archrock, Inc. (AROC)
Last archrock, inc. earnings: 2/19 07:16 pm
Check Earnings Report
US:NYSE Investor Relations:
archrock.com/aroc
Company Research
Source: Yahoo! Finance
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 of 2024 was $131.0 million compared to $97.2 million in the first quarter of 2023. Leverage ratio at the end of the first quarter of 2024 was 3.2x compared to 4.1x at the end of the first quarter of 2023. Declared a quarterly dividend of $0.165 per common share for the first quarter of 2024, 10% higher compared to the first quarter of 2023, resulting in dividend coverage of 3.2x. Raised 2024 Adjusted EBITDA guidance to a range of $510 million to $540 million from $500 million to $530 million. Management Commentary and Outlook “Momentum in Archrock's earnings power is carrying into 2024, reflecting our excellent operating execution, high-quali
Show less
Read more
Impact Snapshot
Event Time:
AROC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AROC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AROC alerts
High impacting Archrock, Inc. news events
Weekly update
A roundup of the hottest topics
AROC
News
- Seadrill (SDRL) Initiates Qatar Jack-Up Fleet Sale for $338M [Yahoo! Finance]Yahoo! Finance
- Will Archrock Inc. (AROC) Gain on Rising Earnings Estimates? [Yahoo! Finance]Yahoo! Finance
- Archrock, Inc. (NYSE: AROC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Archrock Will Be An Industry Leader In Natural Gas Compression [Seeking Alpha]Seeking Alpha
- Is It Worth Investing in Archrock Inc. (AROC) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
AROC
Earnings
- 4/30/24 - Beat
AROC
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/29/24 - Form 8-K
- AROC's page on the SEC website