Exterran Corporation (NYSE:EXTN) Posts Quarterly Earnings Results, Beats Estimates By $0.37 EPS
Exterran Corporation (NYSE:EXTN) posted its quarterly earnings data on Monday. The energy company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.53) by $0.37, Bloomberg Earnings reports. Exterran Corporation had a negative net margin of 11.43% and a negative return on equity of 3.17%.
Shares of Exterran Corporation (NYSE EXTN) traded down 3.50% on Monday, hitting $26.22. 161,458 shares of the company’s stock traded hands. Exterran Corporation has a 1-year low of $12.30 and a 1-year high of $34.05. The firm’s 50-day moving average price is $27.23 and its 200 day moving average price is $28.95. The company’s market cap is $938.62 million.
EXTN has been the subject of several research reports. Zacks Investment Research upgraded shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, April 18th. ValuEngine upgraded shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub upgraded shares of Exterran Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Exterran Corporation currently has an average rating of “Hold” and an average price target of $30.00.
About Exterran Corporation
Exterran Corporation provides compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.
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