USA Compression Partners LP (NYSE:USAC) Expected to Post Earnings of -$0.02 Per Share

Equities analysts predict that USA Compression Partners LP (NYSE:USAC) will announce earnings per share (EPS) of ($0.02) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for USA Compression Partners’ earnings, with the highest EPS estimate coming in at $0.01 and the lowest estimate coming in at ($0.05). USA Compression Partners posted earnings of ($0.64) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 96.9%. The company is expected to report its next earnings report on Tuesday, August 6th.

According to Zacks, analysts expect that USA Compression Partners will report full-year earnings of ($0.04) per share for the current financial year, with EPS estimates ranging from ($0.16) to $0.03. For the next fiscal year, analysts forecast that the firm will report earnings of $0.12 per share, with EPS estimates ranging from ($0.19) to $0.45. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover USA Compression Partners.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, May 7th. The oil and gas company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.01). USA Compression Partners had a return on equity of 1.38% and a net margin of 2.86%. The business had revenue of $170.70 million for the quarter, compared to analysts’ expectations of $171.61 million. During the same quarter last year, the firm earned ($0.23) earnings per share. The firm’s quarterly revenue was up 119.7% compared to the same quarter last year.

Several brokerages recently weighed in on USAC. ValuEngine upgraded USA Compression Partners from a “hold” rating to a “buy” rating in a research note on Tuesday, May 28th. Zacks Investment Research upgraded USA Compression Partners from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Wednesday, May 15th. Finally, Stifel Nicolaus began coverage on USA Compression Partners in a research note on Thursday, April 4th. They set a “buy” rating and a $18.00 target price on the stock. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. USA Compression Partners presently has a consensus rating of “Buy” and a consensus price target of $20.17.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Chicago Partners Investment Group LLC lifted its position in USA Compression Partners by 1.5% during the 1st quarter. Chicago Partners Investment Group LLC now owns 72,851 shares of the oil and gas company’s stock worth $1,270,000 after acquiring an additional 1,081 shares during the period. Advisor Group Inc. lifted its position in USA Compression Partners by 11.2% during the 4th quarter. Advisor Group Inc. now owns 11,631 shares of the oil and gas company’s stock worth $151,000 after acquiring an additional 1,170 shares during the period. Albert D Mason Inc. lifted its position in USA Compression Partners by 4.9% during the 1st quarter. Albert D Mason Inc. now owns 32,416 shares of the oil and gas company’s stock worth $506,000 after acquiring an additional 1,525 shares during the period. Wiley BROS. Aintree Capital LLC lifted its position in USA Compression Partners by 7.7% during the 1st quarter. Wiley BROS. Aintree Capital LLC now owns 33,633 shares of the oil and gas company’s stock worth $525,000 after acquiring an additional 2,400 shares during the period. Finally, Raymond James & Associates lifted its position in USA Compression Partners by 7.6% during the 4th quarter. Raymond James & Associates now owns 56,576 shares of the oil and gas company’s stock worth $734,000 after acquiring an additional 4,019 shares during the period. 34.08% of the stock is owned by institutional investors.

USAC stock traded up $0.38 on Friday, hitting $17.95. 186,641 shares of the company’s stock were exchanged, compared to its average volume of 161,602. USA Compression Partners has a 12-month low of $12.09 and a 12-month high of $18.43. The stock’s 50 day simple moving average is $17.46. The company has a current ratio of 1.70, a quick ratio of 0.99 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $1.62 billion, a PE ratio of -41.74 and a beta of 1.33.

USA Compression Partners Company Profile

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.

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Earnings History and Estimates for USA Compression Partners (NYSE:USAC)

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