Aris Water (NYSE:ARIS) is set to announce earnings after market hours. Last quarter, the company beat revenue expectations by 6.5%, with revenues of $120.5 million, up 16.5% year on year. Analysts expect revenue to grow 19% to $120.4 million this quarter, with adjusted earnings of $0.33 per share. Majority of analysts have reconfirmed estimates, anticipating a strong performance. Peers like Veralto and Montrose have already reported Q2 results, showing positive revenue growth. Aris Water is up 5.1% over the last month and has an average analyst price target of $28.20.
Investors in the environmental and facilities services segment are steady ahead of earnings, with Aris Water up 5.1% over the last month. Analysts expect revenue growth of 19% to $120.4 million and adjusted earnings of $0.33 per share. Peers like Veralto and Montrose have reported positive revenue growth in Q2. Aris Water is up 5.1% over the last month with an average analyst price target of $28.20.
Read more at Barchart: Aris Water (ARIS) Q2 Earnings Report Preview: What To Look For