Antero Midstream Partners LP Reports Advance In Q1 Earnings

(RTTNews) - Antero Midstream Partners LP (AM) revealed earnings for its first quarter that advanced from the same period last year.

The company's bottom line totaled $79.65 million, or $0.43 per share. This compares with $63.54 million, or $0.35 per share, in last year's first quarter.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.4% to $229.59 million from $174.77 million last year.

Antero Midstream Partners LP earnings at a glance:

-Earnings (Q1): $79.65 Mln. vs. $63.54 Mln. last year. -EPS (Q1): $0.43 vs. $0.35 last year. -Analysts Estimate: $0.39 -Revenue (Q1): $229.59 Mln vs. $174.77 Mln last year.