USA Compression Partners' Q3 Earnings, Revenue Rise

MT Newswires Live
05 Nov 2024

USA Compression Partners LP (USAC) reported Q3 earnings Tuesday of $0.13 per diluted unit, up from $0.09 a year earlier.

Four analysts polled by Capital IQ expected $0.20.

Revenue for the quarter ended Sept. 30 was about $240 million, up from $217.1 million a year earlier.

Four analysts surveyed by Capital IQ expected $240 million.

The company said it continues to expect 2024 net income of between $105 million and $125 million, with adjusted earnings before interest, taxes, depreciation, and amortization of $565 million to $585 million.

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