Exterran Co. (NYSE:EXTN) Expected to Post Earnings of -$0.50 Per Share

Equities analysts forecast that Exterran Co. (NYSE:EXTN – Get Rating) will report earnings per share (EPS) of ($0.50) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Exterran’s earnings. The highest EPS estimate is ($0.26) and the lowest is ($0.74). Exterran posted earnings of ($0.83) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 39.8%. The firm is scheduled to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Exterran will report full-year earnings of ($2.38) per share for the current fiscal year, with EPS estimates ranging from ($3.15) to ($1.61). For the next year, analysts anticipate that the firm will post earnings of ($1.27) per share, with EPS estimates ranging from ($2.25) to ($0.28). Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that that provide coverage for Exterran.

EXTN has been the topic of several recent research reports. Atb Cap Markets reaffirmed a “sector perform” rating on shares of Exterran in a report on Monday, April 25th. StockNews.com initiated coverage on shares of Exterran in a report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, Zacks Investment Research downgraded shares of Exterran from a “buy” rating to a “hold” rating in a report on Monday, January 31st.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXTN. Morgan Stanley lifted its holdings in shares of Exterran by 109.5% in the second quarter. Morgan Stanley now owns 587,618 shares of the energy company’s stock worth $2,797,000 after buying an additional 307,138 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Exterran in the second quarter worth about $119,000. Goldman Sachs Group Inc. lifted its holdings in shares of Exterran by 24.5% in the third quarter. Goldman Sachs Group Inc. now owns 98,682 shares of the energy company’s stock worth $438,000 after buying an additional 19,443 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Exterran by 14.8% in the third quarter. American Century Companies Inc. now owns 94,200 shares of the energy company’s stock worth $418,000 after buying an additional 12,147 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Exterran by 12.2% in the third quarter. Geode Capital Management LLC now owns 247,050 shares of the energy company’s stock worth $1,096,000 after buying an additional 26,895 shares in the last quarter. 57.74% of the stock is currently owned by institutional investors and hedge funds.

EXTN opened at $6.08 on Friday. The firm has a 50-day moving average of $6.46 and a 200 day moving average of $5.15. The company has a debt-to-equity ratio of 4.02, a quick ratio of 1.15 and a current ratio of 1.42. Exterran has a fifty-two week low of $2.67 and a fifty-two week high of $7.70.

About Exterran (Get Rating)

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: Contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power generation solutions.

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