Preview Of Exterran Corporation ($EXTN) 3Q20 Earnings

79

Exterran Corporation (NYSE:EXTN) is reporting third quarter earnings results on Monday 2nd November 2020, before market open.

The consensus estimates from Thomson Reuters are loss of $ 0.48 per share.

For the full year, analysts predict revenues of $ 765.82 million, while looking forward to loss of $ 1.68 per share.

Previous Quarter Performance

Exterran Corporation unveiled loss for the second quarter of $ 0.62 per share, from the revenue of $ 171.62 million. The quarterly revenues contracted 53.67 percent compared with the same quarter last year. Street analysts expected Exterran Corporation to report loss of $ 0.91 per share on revenue of $ 186.10 million for the second quarter. The bottom line results beat street analysts by $ 0.29 or 31.87 percent, at the same time, top line results fell short of analysts by $ 14.48 million or 7.78 percent.

Stock Performance

On Friday, shares of Exterran Corporation has traded high as $ 4.24 and has cracked $ 3.79 on the downward trend, reaching $ 4.23 with volume of 171.20 thousand shares.

According to the previous trading day, closing price of $ 4.23, representing a 17.28 % increase from the 52 week low of $ 3.24 and a 74.48 % decrease over the 52 week high of $ 14.89.

The company has a market capital of $ 140.21 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.

Recent Analyst recommendations

  • On 8th September 2020, upgraded by Evercore ISI to Outperform from In-Line rating.
Conference Call

Exterran Corporation will be hosting a conference call at 11:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.exterran.com

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 solutions.