Brokerages predict that Exterran Co. (NYSE:EXTN) will report sales of $165.17 million for the current quarter, Zacks reports. Three analysts have made estimates for Exterran’s earnings. The highest sales estimate is $173.00 million and the lowest is $151.50 million. Exterran reported sales of $169.51 million during the same quarter last year, which would suggest a negative year over year growth rate of 2.6%. The company is scheduled to announce its next earnings results on Monday, November 1st.
On average, analysts expect that Exterran will report full-year sales of $640.77 million for the current fiscal year, with estimates ranging from $611.90 million to $658.00 million. For the next financial year, analysts forecast that the firm will report sales of $773.53 million, with estimates ranging from $716.90 million to $854.00 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Exterran.
Exterran (NYSE:EXTN) last issued its quarterly earnings data on Sunday, August 8th. The energy company reported ($0.83) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.67) by ($0.16). The company had revenue of $146.20 million during the quarter, compared to analysts’ expectations of $148.90 million. Exterran had a negative net margin of 19.25% and a negative return on equity of 34.14%.
A number of institutional investors and hedge funds have recently modified their holdings of EXTN. Chai Trust Co. LLC boosted its holdings in Exterran by 14.0% in the second quarter. Chai Trust Co. LLC now owns 8,157,415 shares of the energy company’s stock valued at $38,829,000 after purchasing an additional 1,000,000 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Exterran in the second quarter valued at about $2,753,000. Morgan Stanley boosted its holdings in Exterran by 109.5% in the second quarter. Morgan Stanley now owns 587,618 shares of the energy company’s stock valued at $2,797,000 after purchasing an additional 307,138 shares during the last quarter. Millennium Management LLC boosted its holdings in Exterran by 264.5% in the second quarter. Millennium Management LLC now owns 375,857 shares of the energy company’s stock valued at $1,789,000 after purchasing an additional 272,734 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its holdings in Exterran by 65.1% in the first quarter. D. E. Shaw & Co. Inc. now owns 666,386 shares of the energy company’s stock valued at $2,239,000 after purchasing an additional 262,740 shares during the last quarter. 69.20% of the stock is owned by hedge funds and other institutional investors.
Exterran stock traded up $0.08 during trading on Friday, hitting $4.03. The company’s stock had a trading volume of 2,601 shares, compared to its average volume of 544,520. The stock has a market capitalization of $130.14 million, a price-to-earnings ratio of -1.12 and a beta of 0.89. The stock’s fifty day moving average is $4.17 and its 200 day moving average is $4.23. Exterran has a 1-year low of $2.77 and a 1-year high of $5.97. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.21 and a current ratio of 1.61.
Exterran Company Profile
Exterran Corp. engages in the provision of oil, gas, water and power markets solutions. It operates through the following segments: Contract Operations, Aftermarket Services and Product Sales. The Contract Operations segment offers compression, processing and treating services by operating natural gas compression equipment, crude oil and natural gas production, and process equipment.
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