USA Compression Partners (USAC) Tops Q2 EPS by 5c ; Provides Outlook

USA Compression Partners (NYSE: USAC) reported Q2 EPS of $0.23, $0.05 better than the analyst estimate of $0.18. Revenue for the quarter came in at $235.3 million versus the consensus estimate of $234.77 million.

Updated 2024 Outlook

Raised 2024 net income outlook to a range of $105.0 million to $125.0 million from $95.0 million to $115.0 million.
Raised 2024 Adjusted EBITDA outlook to a range of $565.0 million to $585.0 million from $555.0 million to $575.0 million.
Raised 2024 Distributable Cash Flow outlook to a range of $345.0 million to $365.0 million from $340.0 million to $360.0 million.

For earnings history and earnings-related data on USA Compression Partners (USAC) click here.

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