Wall Street analysts expect that Exterran Corp (NYSE:EXTN) will announce $337.00 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Exterran’s earnings, with the lowest sales estimate coming in at $307.00 million and the highest estimate coming in at $367.00 million. Exterran posted sales of $334.85 million during the same quarter last year, which suggests a positive year-over-year growth rate of 0.6%. The company is scheduled to report its next quarterly earnings results on Monday, November 4th.
According to Zacks, analysts expect that Exterran will report full-year sales of $1.43 billion for the current financial year, with estimates ranging from $1.36 billion to $1.49 billion. For the next year, analysts forecast that the business will report sales of $1.35 billion, with estimates ranging from $1.22 billion to $1.49 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Exterran.
Exterran (NYSE:EXTN) last issued its quarterly earnings data on Monday, August 5th. The energy company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07). Exterran had a negative return on equity of 1.63% and a negative net margin of 0.89%. The company had revenue of $390.87 million for the quarter, compared to the consensus estimate of $369.15 million.
NYSE:EXTN traded up $0.44 during mid-day trading on Friday, reaching $12.39. 107,981 shares of the company were exchanged, compared to its average volume of 193,057. Exterran has a 12 month low of $9.08 and a 12 month high of $26.67. The company has a fifty day moving average of $12.04 and a 200 day moving average of $13.44. The company has a quick ratio of 0.91, a current ratio of 1.35 and a debt-to-equity ratio of 0.94. The stock has a market cap of $423.52 million, a PE ratio of 65.21 and a beta of 1.20.
In related news, Director William M. Goodyear acquired 5,000 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were purchased at an average price of $10.67 per share, with a total value of $53,350.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently modified their holdings of the company. Hancock Whitney Corp boosted its stake in shares of Exterran by 0.9% in the 1st quarter. Hancock Whitney Corp now owns 229,436 shares of the energy company’s stock valued at $3,866,000 after purchasing an additional 2,103 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Exterran by 226.5% in the 2nd quarter. Renaissance Technologies LLC now owns 632,100 shares of the energy company’s stock valued at $8,988,000 after purchasing an additional 438,500 shares during the last quarter. Wedge Capital Management L L P NC bought a new position in shares of Exterran in the 2nd quarter valued at about $736,000. Bank of New York Mellon Corp boosted its stake in shares of Exterran by 3.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 398,301 shares of the energy company’s stock valued at $5,664,000 after purchasing an additional 12,586 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Exterran by 2.4% in the 2nd quarter. BlackRock Inc. now owns 5,109,282 shares of the energy company’s stock valued at $72,654,000 after purchasing an additional 120,435 shares during the last quarter. 89.16% of the stock is currently owned by institutional investors.
Exterran Company Profile
Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power solutions.
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