Exterran Corp (NYSE:EXTN) Expected to Announce Earnings of -$0.18 Per Share

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Equities analysts expect that Exterran Corp (NYSE:EXTN) will post ($0.18) earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Exterran’s earnings, with the highest EPS estimate coming in at $0.02 and the lowest estimate coming in at ($0.37). Exterran reported earnings per share of ($0.14) in the same quarter last year, which suggests a negative year-over-year growth rate of 28.6%. The business is expected to issue its next quarterly earnings report on Monday, February 24th.

According to Zacks, analysts expect that Exterran will report full year earnings of ($0.90) per share for the current fiscal year, with EPS estimates ranging from ($0.99) to ($0.81). For the next year, analysts anticipate that the company will report earnings of ($0.94) per share, with EPS estimates ranging from ($1.92) to $0.05. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Exterran.

Exterran (NYSE:EXTN) last posted its earnings results on Monday, November 4th. The energy company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Exterran had a negative net margin of 2.02% and a negative return on equity of 3.30%. The firm had revenue of $302.43 million during the quarter, compared to analyst estimates of $337.00 million.

Several brokerages recently issued reports on EXTN. Zacks Investment Research cut Exterran from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. ValuEngine upgraded Exterran from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Finally, Evercore ISI reiterated a “buy” rating and issued a $28.00 price target on shares of Exterran in a research note on Thursday, August 8th.

Hedge funds have recently modified their holdings of the stock. AEGON USA Investment Management LLC bought a new stake in Exterran during the second quarter worth $446,000. Strs Ohio lifted its stake in Exterran by 37.7% during the second quarter. Strs Ohio now owns 44,600 shares of the energy company’s stock worth $634,000 after purchasing an additional 12,200 shares during the last quarter. Dupont Capital Management Corp lifted its stake in Exterran by 54.0% during the second quarter. Dupont Capital Management Corp now owns 28,760 shares of the energy company’s stock worth $409,000 after purchasing an additional 10,087 shares during the last quarter. Wedge Capital Management L L P NC bought a new stake in Exterran during the second quarter worth $736,000. Finally, Menta Capital LLC lifted its stake in Exterran by 121.8% during the second quarter. Menta Capital LLC now owns 38,431 shares of the energy company’s stock worth $546,000 after purchasing an additional 21,106 shares during the last quarter. Institutional investors and hedge funds own 92.91% of the company’s stock.

Shares of EXTN stock traded up $0.09 during trading on Friday, hitting $6.31. The company had a trading volume of 4,348 shares, compared to its average volume of 260,474. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.99 and a current ratio of 1.51. The firm has a market capitalization of $211.69 million, a P/E ratio of 33.37 and a beta of 1.19. The stock’s 50-day moving average price is $11.14 and its 200 day moving average price is $12.27. Exterran has a one year low of $5.84 and a one year high of $23.40.

About Exterran

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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Earnings History and Estimates for Exterran (NYSE:EXTN)

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