$0.21 EPS Expected for Exterran Corp (EXTN) This Quarter

Equities analysts expect Exterran Corp (NYSE:EXTN) to report earnings per share of $0.21 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Exterran’s earnings. Exterran posted earnings of $0.09 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 133.3%. The business is scheduled to report its next quarterly earnings report on Monday, November 5th.

On average, analysts expect that Exterran will report full-year earnings of $0.65 per share for the current financial year. For the next year, analysts anticipate that the business will report earnings of $1.45 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover Exterran.

Exterran (NYSE:EXTN) last announced its quarterly earnings results on Monday, August 6th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.06). Exterran had a return on equity of 1.70% and a net margin of 1.14%. The business had revenue of $343.47 million for the quarter, compared to analyst estimates of $326.75 million.

A number of brokerages have issued reports on EXTN. Zacks Investment Research upgraded Exterran from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Tuesday, September 18th. AltaCorp Capital restated an “outperform” rating on shares of Exterran in a report on Tuesday, July 10th. Finally, ValuEngine lowered Exterran from a “hold” rating to a “sell” rating in a report on Friday, June 29th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. Exterran presently has an average rating of “Hold” and an average price target of $27.00.

Shares of EXTN stock opened at $26.51 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.30 and a debt-to-equity ratio of 0.73. Exterran has a 1 year low of $24.15 and a 1 year high of $33.69. The firm has a market cap of $958.40 million, a price-to-earnings ratio of -67.97 and a beta of 0.88.

Several institutional investors have recently made changes to their positions in EXTN. BlackRock Inc. lifted its holdings in shares of Exterran by 5.3% in the second quarter. BlackRock Inc. now owns 4,885,496 shares of the energy company’s stock valued at $122,333,000 after buying an additional 244,903 shares during the period. Northern Trust Corp raised its position in shares of Exterran by 49.8% during the first quarter. Northern Trust Corp now owns 715,413 shares of the energy company’s stock worth $19,102,000 after purchasing an additional 237,681 shares during the period. Millennium Management LLC raised its position in shares of Exterran by 97.1% during the first quarter. Millennium Management LLC now owns 450,273 shares of the energy company’s stock worth $12,022,000 after purchasing an additional 221,808 shares during the period. Cannell Capital LLC raised its position in shares of Exterran by 48.9% during the second quarter. Cannell Capital LLC now owns 498,929 shares of the energy company’s stock worth $12,493,000 after purchasing an additional 163,896 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Exterran by 45.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 424,202 shares of the energy company’s stock worth $11,327,000 after purchasing an additional 131,876 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

About Exterran

Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.

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