Exterran (NYSE:EXTN) Issues Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Exterran (NYSE:EXTN) announced its quarterly earnings results on Monday. The energy company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.07), Bloomberg Earnings reports. Exterran had a negative net margin of 0.38% and a negative return on equity of 0.84%. The business had revenue of $390.87 million during the quarter, compared to the consensus estimate of $369.15 million.

Shares of NYSE EXTN traded down $0.17 during mid-day trading on Tuesday, reaching $12.21. 239,072 shares of the company were exchanged, compared to its average volume of 189,754. Exterran has a 52 week low of $10.95 and a 52 week high of $29.31. The company has a quick ratio of 0.88, a current ratio of 1.24 and a debt-to-equity ratio of 0.86. The stock has a market cap of $434.14 million, a PE ratio of 64.26 and a beta of 1.06. The stock has a 50 day moving average of $13.06.

Separately, Zacks Investment Research upgraded shares of Exterran from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 3rd.

Several hedge funds and other institutional investors have recently bought and sold shares of EXTN. Parallel Advisors LLC purchased a new position in shares of Exterran in the first quarter valued at about $28,000. Quantamental Technologies LLC increased its holdings in Exterran by 56.2% during the first quarter. Quantamental Technologies LLC now owns 2,501 shares of the energy company’s stock valued at $42,000 after buying an additional 900 shares during the last quarter. Group One Trading L.P. purchased a new stake in Exterran during the first quarter valued at approximately $76,000. BNP Paribas Arbitrage SA increased its holdings in Exterran by 181.3% during the first quarter. BNP Paribas Arbitrage SA now owns 7,469 shares of the energy company’s stock valued at $126,000 after buying an additional 4,814 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan purchased a new stake in Exterran during the fourth quarter valued at approximately $161,000. 87.66% of the stock is owned by institutional investors.

About Exterran

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.

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Earnings History for Exterran (NYSE:EXTN)

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