Aris Water Solutions (ARIS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Aris Water Solutions, Inc. (ARIS) reported $112.31 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.6%. EPS of $0.22 for the same period compares to $0.17 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $105.09 million, representing a surprise of +6.87%. The company delivered an EPS surprise of -18.52%, with the consensus EPS estimate being $0.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Aris Water Solutions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue/Barrel of Total Volumes: $0.75 compared to the $0.79 average estimate based on two analysts. Direct Operating Costs/Barrel: $0.32 compared to the $0.30 average estimate based on two analysts. Total Volumes (thousands of barrels of water per day): 1,577 BBL/D versus the two-analyst average estimate of 1,481.45 BBL/D. Total Water Solutions Volumes (thousands of barrels of water per day): 459 BBL/D versus 400.61 BBL/D estimated by two analysts on average. Produced Water Handling Volumes (thousands of barrels of water per day): 1,118 BBL/D compared to the 1,080.85 BBL/D average estimate based on two analysts. Revenue- Total Water Solutions including Affiliates: $20.83 million versus $19.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -11.1% change. Revenue- Total Produced Water Handling including Affiliates: $88.42 million compared to the $87.98 million average estimate based on two analysts. The reported number represents a change of +17% year over year. View all Key Company Metrics for Aris Water Solutions here>>>Shares of Aris Water Solutions have returned -6.5% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aris Water Solutions, Inc. (ARIS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks