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Aris Water Solutions Q1 Earnings Assessment

The Q1 earnings report for Aris Water Solutions (NYSE:ARIS) was released on Tuesday, May 7, 2024 at 04:10 PM. Here's what investors need to know about the latest announcement. Earnings Aris Water Solutions beat estimated earnings by 48.0%, reporting an EPS of $0.34 versus an estimate of $0.23. Revenue was up $11.84 million from the same period last year. Past Earnings Performance During the previous quarter, the company beat on EPS by $0.04, leading to a 22.0% increase share price change the next day. Here's a look at Aris Water Solutions's past performance: Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 EPS Estimate 0.23 0.22 0.18 0.12 0.10 EPS Actual 0.34 0.26 0.23 0.22 0.17 Revenue Estimate 96.52M 96.66M 96.27M 92.61M 81.05M Revenue Actual 103.41M 104.12M 99.79M 96.63M 91.57M Overview of Competitors' Recent Earnings When analyzing Aris Water Solutions's numbers, it's imperative to put them into context by comparing them to those of its competitors, like LanzaTech Global, Enviri, and ...