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Stock impact report

Why Is Antero Midstream (AM) Up 1.3% Since Last Earnings Report? [Yahoo! Finance]

Antero Midstream Corporation (AM) 
Last antero midstream corporation earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Antero Midstream due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Antero Midstream Q1 Earnings Meet Estimates, Revenues Top Antero Midstream reported first-quarter 2024 adjusted earnings per share of 24 cents, in line with the Zacks Consensus Estimate. The bottom line improved from the year-ago quarter's level of 21 cents. Total quarterly revenues of $279 million surpassed the Zacks Consensus Estimate of $274 million. The top line also increased from $259.5 million recorded in the year-ago quarter. The in-line earnings were driven by higher compression volumes and increased gathering volumes. Operational Performance In the first quarter, average daily compression volumes were 3,260 million cubic feet (MMcf/d) compared with 3,13 Show less Read more
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