Enterprise Products Partners Lp Earnings Preview: Can This Streak Continue?

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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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Enterprise Products Partners Lp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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