AROC Earnings Prediction
The chart below shows how AROC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AROC sees a -0.21% change in stock price 10 days leading up to the earnings, and a +6.60% change 10 days following the report. On the earnings day itself, the stock moves by -0.51%. This data can give you a slight idea of what to expect for the next quarter's release.
AROC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
292.16M
15.31%
8.00%
Gross Margin
44.35%
13.22%
6.89%
Operating Margin
32.80%
17.18%
9.63%
Net Margin
12.84%
5.42%
0.86%
EPS
0.22
10.00%
0.00%
No Data Available
AROC Earnings Analysis
Archrock Inc Corporation (AROC.N) Earnings Conference Call
Positive
Net Income Surge: Adjusted net income of over $47 million, reflecting a 53% increase compared to last year.
EBITDA Growth Surge: Adjusted EBITDA of $151 million was up more than 25% versus the prior year period.
Record-Setting Gross Margins: Delivered record-setting adjusted gross margins due to continued pricing improvement, enhanced efficiency, and resulting profitability gains.
Quarterly Dividend Increase: Raised our quarterly dividend per share by 13% compared to last year, while maintaining robust dividend coverage of three times.
Share Buyback Authorization Update: Continued repurchasing shares under our share buyback authorization, leaving $38 million in remaining capacity for additional share repurchases.
Negative
Adjusted Net Income Decline: Adjusted net income for the third quarter of 2024 was $38 million, excluding $9 million of transaction-related costs and a $3 million debt extinguishment loss, indicating a decline in profitability.
Adjusted EBITDA Challenges: The adjusted EBITDA for the third quarter of 2024 was reported at $151 million, reflecting challenges in maintaining operational efficiency.
Gross Margin Performance: The adjusted gross margin percentage was a disappointing 67%, up only 300 basis points year over year, indicating limited improvement in cost management.
Capital Expenditures Impact: The company reported a total of $42 million in growth capital expenditures for the third quarter, which may strain future cash flows.
Long-Term Debt Concerns: The total long-term debt increased to $2.2 billion, raising concerns about the company's leverage and financial stability.
AROC FAQs
How does AROC typically perform around its earnings report dates?
Is Archrock, Inc. (AROC) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
AROC Earning Call Sentiment
Archrock, Inc. (AROC) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
AROC.N
-3.05%Positive
The earnings call presents a positive outlook with strong financial performance, including a 10% revenue increase and a 15% EBITDA growth. The strategic acquisition and expansion plans, coupled with a share repurchase program, enhance shareholder value. Although there are risks and uncertainties, the company's stable margins and optimistic guidance outweigh these concerns. The market cap suggests moderate volatility, aligning with a positive sentiment. Despite the lack of specific revenue guidance, the overall tone and strategic initiatives are likely to drive a 2% to 8% stock price increase over the next two weeks.
