Archrock, Inc. (AROC) reported a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $70.85 million, or $0.40 per share. This compares with $40.53 million, or $0.26 per share, last year.
Excluding items, Archrock, Inc. reported adjusted earnings of $0.42 per share for the period.
Analysts on average had expected the company to earn $0.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 29.3% to $347.16 million from $268.49 million last year.
Archrock, Inc. earnings at a glance (GAAP) :
-Earnings: $70.85 Mln. vs. $40.53 Mln. last year.
-EPS: $0.40 vs. $0.26 last year.
-Revenue: $347.16 Mln vs. $268.49 Mln last year.
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