Archrock (AROC) Tops Q4 EPS by 7c, Beats on Revenues

Note: EPS may not be comparable

Archrock (NYSE: AROC) reported Q4 EPS of $0.00, $0.07 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $208.94 million versus the consensus estimate of $200.88 million.

Net income attributable to Archrock stockholders for the fourth quarter of 2017 was $47.6 million, or $0.67 per diluted common share. Net loss from continuing operations attributable to Archrock stockholders, excluding the items listed in the following sentence, for the fourth quarter of 2017 was $0.1 million, or $0.00 per diluted common share. Excluded items consisted of a non-cash tax reform benefit of $53.4 million, non-cash long-lived asset impairment charge of $8.3 million, restatement and other charges of $1.1 million, expensed acquisition and merger related costs of $0.3 million, restructuring and other charges of $0.1 million, non-controlling interest in the listed items of $2.6 million, and a tax benefit on the listed items of $1.5 million.

For earnings history and earnings-related data on Archrock (AROC) click here.

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