WaterBridge: Q3 Earnings Snapshot

WaterBridge: Q3 Earnings Snapshot

WaterBridge: Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — WaterBridge Infrastructure LLC (WBI) on Wednesday reported a loss of $667,000 in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of 2 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The water infrastructure and pipeline company posted revenue of $123.3 million in the period, also missing Street forecasts. Five analysts surveyed by Zacks expected $199.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBI at https://www.zacks.com/ap/WBI

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