Antero Midstream's Q3 Earnings Miss, Revenues Increase Y/Y

Antero Midstream Corporation (AM) reported third-quarter 2024 adjusted earnings per share of 23 cents, which missed the Zacks Consensus Estimate of 24 cents. The bottom line remained flat year over year.Total quarterly revenues of $270 million were in line with the Zacks Consensus Estimate. The top line increased from$264 million recorded in the year-ago quarter.The weak quarterly earnings can be attributed to decreased compression and low-pressure gathering volumes and higher total operating costs.Operati ...