$72.61 Million in Sales Expected for Aris Water Solutions, Inc. (NYSE:ARIS) This Quarter

Analysts expect Aris Water Solutions, Inc. (NYSE:ARIS – Get Rating) to report $72.61 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Aris Water Solutions’ earnings, with estimates ranging from $68.80 million to $76.80 million. The business is scheduled to report its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Aris Water Solutions will report full year sales of $308.52 million for the current year, with estimates ranging from $297.40 million to $324.20 million. For the next year, analysts anticipate that the company will post sales of $384.72 million, with estimates ranging from $359.20 million to $421.63 million. Zacks’ sales averages are an average based on a survey of analysts that follow Aris Water Solutions.

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

NYSE:ARIS opened at $17.36 on Thursday. The company has a fifty day moving average of $17.70. Aris Water Solutions has a one year low of $10.06 and a one year high of $19.68.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 31st. Investors of record on Thursday, May 19th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, May 18th. This represents a $0.36 annualized dividend and a dividend yield of 2.07%.

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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