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For the quarter ended June 2026, Antero Midstream Corporation (AM - Free Report) reported revenue of $327.24 million, up 7.1% over the same period last year. EPS came in at $0.24, compared to $0.26 in the year-ago quarter.The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $322.31 million. With the consensus EPS estimate being $0.27, the EPS surprise was -11.11%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Antero Midstream performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Daily Volumes - Low Pressure Gathering: 4124 millions of cubic feet per day versus 3861.92 millions of cubic feet per day estimated by three analysts on average.Average Daily Volumes - Fresh Water Delivery: 82 millions of barrels of oil per day versus the three-analyst average estimate of 91.18 millions of barrels of oil per day.Average Daily Volumes - Compression: 3289 millions of cubic feet per day versus the three-analyst average estimate of 3672.09 millions of cubic feet per day.Average Daily Volumes - High Pressure Gathering: 2986 millions of cubic feet per day compared to the 3139.76 millions of cubic feet per day average estimate based on three analysts.Revenues- Water Handling- Antero Resources: $78.54 million versus the three-analyst average estimate of $70.93 million. The reported number represents a year-over-year change of +6.5%.Revenues- Gathering and Processing- Antero Resources: $271.51 million versus the three-analyst average estimate of $267.32 million. The reported number represents a year-over-year change of +9.1%.Revenues- Gathering and Processing: $257.72 million compared to the $252.01 million average estimate based on two analysts. The reported number represents a change of +7.6% year over year.Revenues- Water Handling: $69.52 million versus the two-analyst average estimate of $68.97 million. The reported number represents a year-over-year change of +5.6%.Revenues- Amortization of customer relationships: $-22.8 million versus $-19.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +29.1% change.View all Key Company Metrics for Antero Midstream here>>>
Shares of Antero Midstream have returned -4.4% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.