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Altus Midstream (ALTM) Earnings Date, Estimates & Call Transcripts

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Altus Midstream Latest Earnings Summary

Upcoming Q3
Earnings Date
Feb. 27Estimated
Actual EPS
(Aug. 6)
$0.05
Consensus EPS
(Aug. 6)
$0.05

Altus Midstream announced Q2 2024 earnings on August 6, 2024, reporting an EPS of $0.05, which hit analysts' consensus estimates of $0.05. Quarterly revenue rose 8.1% year-over-year to $255 million, above analyst estimates of $250.50 million. With a trailing EPS of $0.68 and a P/E Ratio of 7.88, Altus Midstream's earnings are expected to grow 4.76% next year, from $0.21 to $0.22 per share.

ALTM Upcoming Earnings

Altus Midstream's next earnings date is estimated for Thursday, February 27, 2025, based off prior year's reporting schedules.

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ALTM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ALTM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Altus Midstream Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20241$0.03$0.03$0.03
Q3 20242$0.04$0.05$0.05
Q4 20242$0.04$0.06$0.05
20245$0.11$0.14$0.13
Q1 20251$0.07$0.07$0.07
Q2 20251$0.07$0.07$0.07
Q3 20251$0.09$0.09$0.09
Q4 20251$0.10$0.10$0.10
FY 20254$0.33$0.33$0.33
Q1 20261$0.11$0.11$0.11
Q2 20261$0.11$0.11$0.11

Altus Midstream Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/27/2025
(Estimated)
------- 
8/6/2024Q2 2024$0.05$0.05-$0.03$250.50M$255.00M    
5/7/2024Q1 2024$0.03$0.06+$0.03$0.11$284.30M$261.20M    
2/22/2024Q4 2023$0.36$0.34 -$0.02$0.50$263.50M$181.80M    
10/31/2023Q3 2023$0.46$0.44 -$0.02$0.46$268.86M$211.40M
8/3/2023Q2 2023$0.46$0.51+$0.05$0.59$257.00M$235.80M
5/2/2023Q1 2023$0.39$0.60+$0.21$0.65$242.15M$253.50M
2/14/2023Q4 2022$0.36$0.40+$0.04$0.41$242.10M$219.40M

Altus Midstream Earnings - Frequently Asked Questions

Altus Midstream has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 27th, 2025 based off last year's report dates. Learn more on ALTM's earnings history.

In the previous quarter, Altus Midstream (NASDAQ:ALTM) reported $0.05 earnings per share (EPS) to hit the analysts' consensus estimate of $0.05. Learn more on analysts' earnings estimate vs. ALTM's actual earnings.

The conference call for Altus Midstream's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Altus Midstream's latest earnings report can be read online.
Read Transcript

Altus Midstream (NASDAQ:ALTM) has a recorded annual revenue of $882.50 million.

Altus Midstream (NASDAQ:ALTM) has a recorded net income of $330.10 million. ALTM has generated $0.68 earnings per share over the last four quarters.

Altus Midstream (NASDAQ:ALTM) has a trailing price-to-earnings ratio of 7.88 and a forward price-to-earnings ratio of 25.52.

Altus Midstream's earnings are expected to grow from $0.21 per share to $0.22 per share in the next year, which is a 4.76% increase.

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This page (NASDAQ:ALTM) was last updated on 11/10/2024 by MarketBeat.com Staff
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