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

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Altus Midstream Latest Earnings Summary

Actual EPS
(Nov. 7)
$0.01 Missed By -$0.04
Consensus EPS
(Nov. 7)
$0.05

Altus Midstream released Q3 2024 earnings on November 7, 2024, reporting an EPS of $0.01, which missed the consensus estimate of $0.05 by $0.04. Quarterly revenue was reported to be $203.10 million, below analysts' expectations of $263.14 million. With a trailing EPS of $0.27 and a P/E Ratio of 17.96, Altus Midstream's earnings are expected to grow 10.53% next year, from $0.19 to $0.21 per share.

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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$0.04$0.04
20245$0.11$0.12$0.12
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 RevenueDetails
11/7/2024Q3 2024$0.05$0.01 -$0.04$0.01$263.14M$203.10M
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
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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 (NASDAQ:ALTM) last announced its quarterly earning data on Thursday, November 7, 2024. Learn more on ALTM's earnings history.

In the previous quarter, Altus Midstream (NASDAQ:ALTM) missed the analysts' consensus estimate of $0.05 by $0.04 with a reported earnings per share (EPS) of $0.01. Learn more on analysts' earnings estimate vs. ALTM's actual earnings.

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 $0.27 earnings per share over the last four quarters.

Altus Midstream (NASDAQ:ALTM) has a trailing price-to-earnings ratio of 17.96 and a forward price-to-earnings ratio of 25.53.

Altus Midstream's earnings are expected to grow from $0.19 per share to $0.21 per share in the next year, which is a 10.53% increase.

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This page (NASDAQ:ALTM) was last updated on 12/22/2024 by MarketBeat.com Staff
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