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

Notice: This company has been marked as potentially delisted and may not be actively trading.

Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(May. 7)
$0.06 Beat By $0.03
Consensus EPS
(May. 7)
$0.03
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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

Current Year EPS Consensus Estimate:$0.30 EPS
Next Year EPS Consensus Estimate: $0.34 EPS

ALTM Earnings Date and Information

Altus Midstream last released its quarterly earnings results on May 7th, 2024. The reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. The company had revenue of $261.20 million for the quarter, compared to analysts' expectations of $284.30 million. Its revenue was up 3.0% compared to the same quarter last year. Altus Midstream has generated $1.04 earnings per share over the last year ($1.04 diluted earnings per share) and currently has a price-to-earnings ratio of 4.5. Earnings for Altus Midstream are expected to grow by 13.33% in the coming year, from $0.30 to $0.34 per share. Altus Midstream has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off prior year's report dates.

Altus Midstream Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2024
Estimated)
------- 
5/7/2024Q1 2024$0.03$0.06+$0.03$0.11$284.30 million$261.20 million    
2/22/2024Q4 2023$0.36$0.34($0.02)$0.50$263.50 million$181.80 million    
10/31/2023Q3 2023$0.46$0.44($0.02)$0.46$268.86 million$211.40 million
8/3/2023Q2 2023$0.46$0.51+$0.05$0.59$257.00 million$235.80 million
5/2/2023Q1 2023$0.39$0.60+$0.21$0.65$242.15 million$253.50 million
2/14/2023Q4 2022$0.36$0.40+$0.04$0.41$242.10 million$219.40 million
11/1/2022Q3 2022$0.41$0.41-$0.45$248.19 million$231.60 million
8/2/2022Q2 2022$0.30$0.37+$0.07$0.43$220.37 million$218.70 million
5/3/2022Q1 2022$0.14$0.21+$0.07$0.14$139.43 million$143.50 million
2/17/2022Q4 2021$0.07$0.08+$0.01$0.12$104.47 million$122.90 million
11/4/2021Q3 2021$1.28$1.26($0.02)$1.26-$34.55 million
8/5/2021Q2 2021$1.45$1.31($0.14)$1.31-$35.59 million

Altus Midstream Earnings - Frequently Asked Questions

When is Altus Midstream's earnings date?

Altus Midstream has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off last year's report dates. Learn more on ALTM's earnings history.

Did Altus Midstream beat their earnings estimates last quarter?

In the previous quarter, Altus Midstream (NASDAQ:ALTM) reported $0.06 earnings per share (EPS) to beat the analysts' consensus estimate of $0.03 by $0.03. Learn more on analysts' earnings estimate vs. ALTM's actual earnings.

How can I listen to Altus Midstream's earnings conference call?

The conference call for Altus Midstream's latest earnings report can be listened to online. Listen to Conference Call

How can I read Altus Midstream's conference call transcript?

The conference call transcript for Altus Midstream's latest earnings report can be read online. Read Transcript

How much revenue does Altus Midstream generate each year?

Altus Midstream (NASDAQ:ALTM) has a recorded annual revenue of $882.50 million.

How much profit does Altus Midstream generate each year?

Altus Midstream (NASDAQ:ALTM) has a recorded net income of $330.10 million. ALTM has generated $1.04 earnings per share over the last four quarters.

What is Altus Midstream's price-to-earnings ratio?

Altus Midstream (NASDAQ:ALTM) has a trailing price-to-earnings ratio of 4.47 and a forward price-to-earnings ratio of 15.50. The price/earnings-to-growth ratio is 0.79.

What is Altus Midstream's EPS forecast for next year?

Altus Midstream's earnings are expected to grow from $0.30 per share to $0.34 per share in the next year, which is a 13.33% increase.


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This page (NASDAQ:ALTM) was last updated on 5/13/2024 by MarketBeat.com Staff

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