Antero Midstream Partners LP Reveals 42% Advance In Q2 Profit

(RTTNews) - Antero Midstream Partners LP (AM) reported a profit for its second quarter that advanced compared to the same period last year.

The company said its bottom line rose to $49.91 million, or $0.27 per share. This was up from $35.12 million, or $0.13 per share, in last year's second quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 55.3% to $136.81 million. This was up from $88.09 million last year.

Antero Midstream Partners LP earnings at a glance:

-Earnings (Q2): $49.91 Mln. vs. $35.12 Mln. last year. -Earnings Growth (Y-o-Y): 42.1% -EPS (Q2): $0.27 vs. $0.13 last year. -EPS Growth (Y-o-Y): 107.7% -Analysts Estimate: $0.26 -Revenue (Q2): $136.81 Mln vs. $88.09 Mln last year. -Revenue Change (Y-o-Y): 55.3%