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Archrock Inc.: Q2 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Archrock Inc. (AROC) on Tuesday reported second-quarter profit of $66.7 million.

On a per-share basis, the Houston-based company said it had net income of 38 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The natural gas compression services business posted revenue of $371.2 million in the period.

Archrock Inc. shares have increased 37% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROC at https://www.zacks.com/ap/AROC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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