Nov. 13 at 3:55 PM
$AROC beats earnings estimates — but what’s driving the surge? 🚀
📊 Q3 EPS came in at 42 cents, topping the Zacks Consensus Estimate of 41 cents, with revenues hitting
$382M, up from
$292M in the year-ago quarter.
🔧 Record-high utilization and strong demand in both operating segments fueled the results.
💰
$100M increase in share buyback program, boosting repurchase capacity to
$130.4M.
See full earnings breakdown here 👉 https://www.zacks.com/stock/news/2790730/archrock-beats-q3-earnings-revenue-estimates-both-up-yy?cid=sm-stocktwits-2-2790730-body-20917&ADID=SYND_STOCKTWITS_TWEET_2_2790730_BODY_20917