Exterran Corp (EXTN) Expected to Post Quarterly Sales of $351.35 Million

Equities analysts expect Exterran Corp (NYSE:EXTN) to post $351.35 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for Exterran’s earnings, with the lowest sales estimate coming in at $343.70 million and the highest estimate coming in at $359.00 million. Exterran reported sales of $350.38 million during the same quarter last year, which indicates a positive year-over-year growth rate of 0.3%. The company is scheduled to report its next quarterly earnings report on Wednesday, May 1st.

According to Zacks, analysts expect that Exterran will report full-year sales of $1.46 billion for the current year, with estimates ranging from $1.46 billion to $1.47 billion. For the next financial year, analysts forecast that the company will report sales of $1.45 billion, with estimates ranging from $1.45 billion to $1.46 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that follow Exterran.

Exterran (NYSE:EXTN) last posted its quarterly earnings data on Monday, February 25th. The energy company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.23). The company had revenue of $332.15 million during the quarter, compared to the consensus estimate of $337.50 million. Exterran had a net margin of 0.40% and a return on equity of 1.26%.

Several equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Exterran from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 8th. TheStreet cut shares of Exterran from a “c” rating to a “d+” rating in a research report on Tuesday, February 26th.

A number of large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its position in Exterran by 61.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,699 shares of the energy company’s stock worth $31,000 after buying an additional 646 shares in the last quarter. Victory Capital Management Inc. lifted its position in Exterran by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 16,644 shares of the energy company’s stock worth $295,000 after buying an additional 648 shares in the last quarter. Texas Permanent School Fund lifted its position in Exterran by 4.1% during the 4th quarter. Texas Permanent School Fund now owns 20,583 shares of the energy company’s stock worth $364,000 after buying an additional 808 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in Exterran by 25.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,960 shares of the energy company’s stock worth $88,000 after buying an additional 1,000 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in Exterran by 0.6% during the 4th quarter. Principal Financial Group Inc. now owns 255,372 shares of the energy company’s stock worth $4,520,000 after buying an additional 1,588 shares in the last quarter. 89.40% of the stock is currently owned by hedge funds and other institutional investors.

EXTN traded up $0.17 during trading on Wednesday, hitting $18.29. The company had a trading volume of 125,460 shares, compared to its average volume of 141,322. The stock has a market capitalization of $654.86 million, a P/E ratio of 96.26 and a beta of 1.35. Exterran has a one year low of $15.58 and a one year high of $31.39. The company has a current ratio of 1.24, a quick ratio of 0.91 and a debt-to-equity ratio of 0.73.

About Exterran

Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.

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Earnings History and Estimates for Exterran (NYSE:EXTN)

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