Aris Water Solutions, Inc. (NYSE:ARIS) Expected to Announce Earnings of $0.24 Per Share

Equities research analysts predict that Aris Water Solutions, Inc. (NYSE:ARIS – Get Rating) will announce earnings per share (EPS) of $0.24 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Aris Water Solutions’ earnings, with estimates ranging from $0.21 to $0.29. The firm is expected to report its next earnings report on Monday, January 1st.

On average, analysts expect that Aris Water Solutions will report full year earnings of $0.98 per share for the current year, with EPS estimates ranging from $0.76 to $1.17. For the next year, analysts anticipate that the company will report earnings of $1.93 per share, with EPS estimates ranging from $1.81 to $2.16. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Aris Water Solutions.

Aris Water Solutions (NYSE:ARIS – Get Rating) last posted its quarterly earnings data on Monday, February 28th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.13 by $0.13. The company had revenue of $66.98 million for the quarter, compared to analyst estimates of $64.03 million.

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

Shares of NYSE:ARIS traded down $0.08 on Tuesday, hitting $17.83. 5,136 shares of the company were exchanged, compared to its average volume of 221,916. Aris Water Solutions has a 1-year low of $10.06 and a 1-year high of $19.68. The stock has a 50 day moving average price of $17.69.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Thursday, May 19th will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, May 18th. This represents a $0.36 annualized dividend and a dividend yield of 2.02%.

Aris Water Solutions Company Profile (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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