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Aris Water Solutions Q1 Earnings Assessment
The Q1 earnings report for Aris Water Solutions (NYSE:ARIS) was released on Tuesday, May 7, 2024 at 04:10 PM.
Here's what investors need to know about the latest announcement.
Earnings
Aris Water Solutions beat estimated earnings by 48.0%, reporting an EPS of $0.34 versus an estimate of $0.23.
Revenue was up $11.84 million from the same period last year.
Past Earnings Performance
During the previous quarter, the company beat on EPS by $0.04, leading to a 22.0% increase share price change the next day.
Here's a look at Aris Water Solutions's past performance:
Quarter
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
EPS Estimate
0.23
0.22
0.18
0.12
0.10
EPS Actual
0.34
0.26
0.23
0.22
0.17
Revenue Estimate
96.52M
96.66M
96.27M
92.61M
81.05M
Revenue Actual
103.41M
104.12M
99.79M
96.63M
91.57M
Overview of Competitors' Recent Earnings
When analyzing Aris Water Solutions's numbers, it's imperative to put them into context by comparing them to those of its competitors, like LanzaTech Global, Enviri, and ...