◆ NeutralAROC

Why the Market Dipped But Archrock Inc. (AROC) Gained Today

Zacks Investment Research·
Why the Market Dipped But Archrock Inc. (AROC) Gained Today

Archrock Inc. (AROC) rose 1.15% to $30.68, outperforming the broader market decline. The natural gas compression services company is expected to report earnings of $0.45 per share with flat quarterly revenue of $382.43 million year-over-year. However, full-year earnings are projected to decline 8.95% despite a modest 1.48% revenue increase. AROC currently holds a Zacks Rank of #4 (Sell) and trades at a Forward P/E of 17.57, below its industry average of 19.7.

Read Full Article at Zacks Investment Research →
← Back to Financial Intelligence