From Nasdaq: 2024-05-14 17:55:31

Aris Water Solutions (ARIS) released its Q1 earnings report, surpassing estimated earnings by 48.0% with an EPS of $0.34. Revenue increased by $11.84 million from last year. Comparing to competitors like LanzaTech Global, Enviri, and Perma-Fix Envirn Servs, Aris’s performance stands out with a stock price rise from $15.6 to $16.0 the day after the announcement.

Analyzing Aris Water Solutions alongside competitors, LanzaTech Global reported an EPS of $-0.13 compared to an estimated $-0.12, while Enviri exceeded expectations with an EPS of $-0.03 against a projected $-0.09. Perma-Fix Envirn Servs fell short, recording an EPS of $-0.26 instead of $-0.25.

A comparison of estimated versus announced revenue figures for Aris Water Solutions’s peers shows a revenue surprise of 7.13% for the company, outperforming LanzaTech Global, Enviri, and Perma-Fix Envirn Servs in revenue performance. This analysis provides valuable insights into the financial standing of these industry players.

Read more at Nasdaq: Aris Water Solutions Q1 Earnings Assessment