Antero Midstream Partners LP Earnings Rise 55% In Q1

(RTTNews) - Antero Midstream Partners LP (AM) announced a profit for its first quarter that rose compared to the same period last year.

The company said its bottom line rose to $63.54 million, or $0.35 per share. This was higher than $41.07 million, or $0.23 per share, in last year's first quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 28.4% to $174.77 million. This was up from $136.07 million last year.

Antero Midstream Partners LP earnings at a glance:

-Earnings (Q1): $63.54 Mln. vs. $41.07 Mln. last year. -Earnings Growth (Y-o-Y): 54.7% -EPS (Q1): $0.35 vs. $0.23 last year. -EPS Growth (Y-o-Y): 52.2% -Analysts Estimate: $0.35 -Revenue (Q1): $174.77 Mln vs. $136.07 Mln last year. -Revenue Change (Y-o-Y): 28.4%