$Antero Midstream Corporation(AM)$

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Third quarter 2022 results:

◈EPS: US$0.18 (down from US$0.19 in 3Q 2021).

◈Revenue: US$248.7m (up 2.6% from 3Q 2021).

◈Net income: US$84.0m (down 5.8% from 3Q 2021).

◈Profit margin: 34% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses.

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 6.8%.

Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in the US.

Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.

# US Stocks Opportunities

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment38

  • Top
  • Latest
  • b1uesky
    ·2022-10-28
    thk for sharing
    Reply
    Report
    Fold Replies
  • TooYoung
    ·2022-10-28
    interesting insight
    Reply
    Report
  • TKPK
    ·2022-10-28
    thanks for sharing
    Reply
    Report
  • MoneyCub
    ·2022-10-28
    Ok
    Reply
    Report
  • THEWIZARD
    ·2022-10-28
    warm up
    Reply
    Report
  • stkwok
    ·2022-10-28
    like
    Reply
    Report
  • MichelleTan
    ·2022-10-28
    ok
    Reply
    Report
  • John.sw
    ·2022-10-28
    ok
    Reply
    Report
  • route77
    ·2022-10-28
    Wow it is doen
    Reply
    Report
  • Balamurali
    ·2022-10-28
    ok
    Reply
    Report
  • DariusLim
    ·2022-10-28
    👍🏻
    Reply
    Report
  • DricNJicken
    ·2022-10-28
    thanks
    Reply
    Report
  • NVJV
    ·2022-10-28
    to9
    Reply
    Report
  • Novem678
    ·2022-10-28
    Good
    Reply
    Report
  • AJAJ
    ·2022-10-28
    Ok
    Reply
    Report
  • Eeyearn
    ·2022-10-28
    interesting
    Reply
    Report
  • Hua888
    ·2022-10-28
    ok
    Reply
    Report
  • LISEE
    ·2022-10-28
    okok
    Reply
    Report
  • HMH
    ·2022-10-28
    Ok
    Reply
    Report
  • Avg123
    ·2022-10-28
    👌
    Reply
    Report