Enterprise Products Partners Lp Earnings Preview: Can This Streak Continue?
Enterprise Products Partners Lp (NYSE:EPD) will report earnings before markets open on Tuesday, April 30th. Enterprise Products Partners L.P. provides processing and transportation services to producers and consumers of natural gas liquids. The Company generally processes products that are ultimately used as feedstocks in petrochemical manufacturing, in the production of motor gasoline, and as fuel for residential and commercial heating.
Here is your Cheat Sheet to Enterprise Products Partners Lp Earnings:
Earnings Expectations: Analysts expect earnings of $0.65 per share on revenues of $11.61 billion. Currently, the company’s P/E ratio stands at 22.65.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.65 to a profit $0.66. For the current year, the average estimate is a profit of $2.73, which is better than the estimate ninety days ago.
Here’s how Enterprise Products Partners Lp has been performing on an annual basis:
|Revenue ($) in millions||35,470||25,510||33,740||44,310||42,580|
|Diluted EPS ($)||1.84||0.99||1.15||2.38||2.71|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||11,590||11,250||9,790||10,470||11,070|
|Diluted EPS ($)||3.194||0.73||0.64||0.66||3.371|
Enterprise Products Partners Lp has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)