Zacks: Brokerages Expect Exterran Corp (EXTN) Will Post Earnings of $0.15 Per Share
Analysts expect that Exterran Corp (NYSE:EXTN) will post earnings per share (EPS) of $0.15 for the current quarter, according to Zacks. Two analysts have provided estimates for Exterran’s earnings, with the highest EPS estimate coming in at $0.21 and the lowest estimate coming in at $0.09. Exterran reported earnings of $0.09 per share during the same quarter last year, which suggests a positive year over year growth rate of 66.7%. The business is expected to report its next quarterly earnings report on Monday, November 5th.
According to Zacks, analysts expect that Exterran will report full-year earnings of $0.65 per share for the current financial year. For the next financial year, analysts expect that the company will post earnings of $1.12 per share, with EPS estimates ranging from $0.78 to $1.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Exterran.
Exterran (NYSE:EXTN) last released its quarterly earnings results on Monday, August 6th. The energy company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $343.47 million for the quarter, compared to the consensus estimate of $326.75 million. Exterran had a net margin of 1.14% and a return on equity of 1.70%.
NYSE:EXTN opened at $24.35 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.30 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $911.80 million, a PE ratio of -62.44 and a beta of 0.87. Exterran has a one year low of $24.33 and a one year high of $33.69.
A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. grew its position in shares of Exterran by 5.3% during the second quarter. BlackRock Inc. now owns 4,885,496 shares of the energy company’s stock valued at $122,333,000 after purchasing an additional 244,903 shares in the last quarter. Northern Trust Corp grew its position in shares of Exterran by 49.8% during the first quarter. Northern Trust Corp now owns 715,413 shares of the energy company’s stock valued at $19,102,000 after purchasing an additional 237,681 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Exterran by 18.7% during the first quarter. JPMorgan Chase & Co. now owns 666,354 shares of the energy company’s stock valued at $17,792,000 after purchasing an additional 104,869 shares in the last quarter. Cannell Capital LLC grew its position in shares of Exterran by 48.9% during the second quarter. Cannell Capital LLC now owns 498,929 shares of the energy company’s stock valued at $12,493,000 after purchasing an additional 163,896 shares in the last quarter. Finally, Millennium Management LLC grew its position in shares of Exterran by 97.1% during the first quarter. Millennium Management LLC now owns 450,273 shares of the energy company’s stock valued at $12,022,000 after purchasing an additional 221,808 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.
Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
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