Equities analysts expect that USA Compression Partners, LP (NYSE:USAC) will announce $65.85 million in sales for the current fiscal quarter, Zacks reports. Two analysts have made estimates for USA Compression Partners,’s earnings, with the highest sales estimate coming in at $68.00 million and the lowest estimate coming in at $63.70 million. USA Compression Partners, reported sales of $63.51 million during the same quarter last year, which indicates a positive year over year growth rate of 3.7%. The firm is expected to report its next quarterly earnings report on Thursday, August 3rd.

According to Zacks, analysts expect that USA Compression Partners, will report full-year sales of $65.85 million for the current fiscal year, with estimates ranging from $266.75 million to $279.00 million. For the next fiscal year, analysts expect that the firm will report sales of $308.14 million per share, with estimates ranging from $306.00 million to $310.27 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for USA Compression Partners,.

USA Compression Partners, (NYSE:USAC) last issued its quarterly earnings data on Thursday, May 4th. The oil and gas company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.03. USA Compression Partners, had a return on equity of 1.76% and a net margin of 2.24%. The business had revenue of $66 million during the quarter, compared to analyst estimates of $64.30 million. During the same quarter last year, the firm earned $0.24 EPS. USA Compression Partners,’s revenue for the quarter was down .6% compared to the same quarter last year.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of USA Compression Partners, from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 target price on shares of USA Compression Partners, in a research note on Friday, April 21st. Finally, BidaskClub raised shares of USA Compression Partners, from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th.

ILLEGAL ACTIVITY WARNING: This article was reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was stolen and republished in violation of US and international copyright legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/07/14/brokerages-anticipate-usa-compression-partners-lp-usac-will-post-quarterly-sales-of-65-85-million-2.html.

Shares of USA Compression Partners, (NYSE USAC) traded up 0.6525% during mid-day trading on Friday, reaching $17.5538. 67,252 shares of the company’s stock traded hands. USA Compression Partners, has a 12-month low of $14.08 and a 12-month high of $19.78. The firm has a 50-day moving average of $16.13 and a 200 day moving average of $17.06. The company has a market cap of $1.07 billion, a P/E ratio of 216.7136 and a beta of 1.16.

Large investors have recently made changes to their positions in the stock. FMR LLC bought a new stake in shares of USA Compression Partners, during the first quarter worth $2,162,000. OppenheimerFunds Inc. increased its position in USA Compression Partners, by 6.5% in the first quarter. OppenheimerFunds Inc. now owns 6,417,478 shares of the oil and gas company’s stock valued at $108,391,000 after buying an additional 392,500 shares during the period. Chicago Partners Investment Group LLC increased its position in USA Compression Partners, by 27.8% in the first quarter. Chicago Partners Investment Group LLC now owns 50,249 shares of the oil and gas company’s stock valued at $849,000 after buying an additional 10,931 shares during the period. Atlantic Trust Group LLC acquired a new position in USA Compression Partners, during the first quarter valued at approximately $254,000. Finally, Raymond James Financial Services Advisors Inc. increased its position in USA Compression Partners, by 6.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 154,982 shares of the oil and gas company’s stock valued at $2,618,000 after buying an additional 9,949 shares during the period.

About USA Compression Partners,

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

Get a free copy of the Zacks research report on USA Compression Partners, (USAC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for USA Compression Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Compression Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.