Archrock Inc. (AROC) ended the recent trading session at $20.48, demonstrating a +0.54% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%.

Shares of the natural gas compression services business have depreciated by 0.1% over the course of the past month, outperforming the Oils-Energy sector's loss of 9.27% and lagging the S&P 500's gain of 2%.

The investment community will be paying close attention to the earnings performance of Archrock Inc. in its upcoming release. The company is expected to report EPS of $0.28, up 40% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $292.95 million, up 15.62% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.10 per share and a revenue of $1.15 billion, representing changes of +59.42% and +16.62%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Archrock Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 5.14% upward. Archrock Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).

Digging into valuation, Archrock Inc. currently has a Forward P/E ratio of 18.6. For comparison, its industry has an average Forward P/E of 18.53, which means Archrock Inc. is trading at a premium to the group.

The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 165, which puts it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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