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Earnings Breakdown: Aris Water Solutions Q2
Aris Water Solutions (NYSE:ARIS) just disclosed its Q2 earnings on Tuesday, August 6, 2024 at 04:10 PM.
Here's a brief overview of the earnings report.
Earnings
Aris Water Solutions beat estimated earnings by 16.0%, reporting an EPS of $0.29 versus an estimate of $0.25.
Revenue was up $4.48 million from the same period last year.
Previous Earnings Records
The company beat on EPS by $0.11 in the last quarter, resulting in a 9.0% increase share price change the following day.
Here's a look at Aris Water Solutions's past performance:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
EPS Estimate
0.25
0.23
0.22
0.18
0.12
EPS Actual
0.29
0.34
0.26
0.23
0.22
Revenue Estimate
96.91M
96.52M
96.66M
96.27M
92.61M
Revenue Actual
101.12M
103.41M
104.12M
99.79M
96.63M
Analysis of Competitors' Earnings Trends
As we review Aris Water Solutions's earnings, it's important to put its results into perspective by comparing them to those of its competitors, such as LanzaTech Global, Perma-Fix Envirn Servs, and Quest Resource Holding.
LanzaTech Global reported earnings ...