Antero Midstream Partners LP Reveals 37% Advance In Q4 Profit

(RTTNews) - Antero Midstream Partners LP (AM) reported a profit for its fourth quarter that gained ground from last year.

The company said its bottom line advanced to $65.79 million, or $0.37 per share. This was higher than $48.04 million, or $0.27 per share, in last year's fourth 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 26.7% to $166.85 million. This was up from $131.69 million last year.

Antero Midstream Partners LP earnings at a glance:

-Earnings (Q4): $65.79 Mln. vs. $48.04 Mln. last year. -Earnings Growth (Y-o-Y): 36.9% -EPS (Q4): $0.37 vs. $0.27 last year. -EPS Growth (Y-o-Y): 37.0% -Analysts Estimate: $0.35 -Revenue (Q4): $166.85 Mln vs. $131.69 Mln last year. -Revenue Change (Y-o-Y): 26.7%