Analysts Expect Aris Water Solutions, Inc. (NYSE:ARIS) to Announce $0.17 Earnings Per Share

Brokerages expect that Aris Water Solutions, Inc. (NYSE:ARISGet Rating) will announce earnings per share (EPS) of $0.17 for the current quarter, according to Zacks. Three analysts have made estimates for Aris Water Solutions’ earnings, with estimates ranging from $0.12 to $0.27. The firm is scheduled to report its next quarterly earnings report after the market closes on Monday, January 1st.

According to Zacks, analysts expect that Aris Water Solutions will report full year earnings of $1.03 per share for the current year, with EPS estimates ranging from $0.85 to $1.26. For the next fiscal year, analysts expect that the company will post earnings of $1.85 per share, with EPS estimates ranging from $1.60 to $1.96. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Aris Water Solutions.

Aris Water Solutions (NYSE:ARISGet Rating) last posted its earnings results on Monday, February 28th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.13 by $0.13. The firm had revenue of $66.98 million during the quarter, compared to analyst estimates of $64.03 million.

Separately, Capital One Financial raised shares of Aris Water Solutions from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 25th.

Shares of Aris Water Solutions stock opened at $18.08 on Wednesday. The stock’s 50-day simple moving average is $17.16. Aris Water Solutions has a 1-year low of $10.06 and a 1-year high of $19.68.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 29th. Investors of record on Thursday, March 17th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.99%. This is a positive change from Aris Water Solutions’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Wednesday, March 16th.

About Aris Water Solutions (Get Rating)

Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.

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