Antero Midstream Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
Antero Midstream (NYSE: AM) reported third-quarter financial results characterized by a significant revenue beat alongside an earnings miss. The company posted revenue of $372.02 million, representing a 26.2% increase year-over-year and exceeding analyst expectations by $31.4 million. However, Non-GAAP earnings per share (EPS) came in at $0.28, missing consensus estimates by $0.08. In addition to the quarterly results, Antero Midstream is updating its 2026 guidance. This adjustment is intended to account for the anticipated receipt of proceeds from the Clearwater litigation. The mixed results highlight strong top-line growth offset by bottom-line pressures during the period.
Tickers: $AM
Topics: earnings miss guidance update litigation proceeds revenue beat