NGL Energy Partners Earnings: Your Sneak Peek to the Big Announcement

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NGL Energy Partners Lp (NYSE:NGL) will report earnings before markets open on Friday, June 14th. NGL Energy Partners LP. owns and operates a vertically-integrated propane business. The Company’s operations consist of retail propane, wholesale supply and marketing and midstream, which consists of its propane terminaling business.

Here is your Cheat Sheet to Ngl Energy Partners Lp Earnings:

Earnings Expectations: Analysts expect earnings of $1.03 per share on revenues of $1.76 billion. Currently, the company’s P/E ratio stands at 31.45.

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 loss of $0.12 to a loss $0.07. For the current year, the average estimate is a profit of $1.62, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ngl Energy Partners Lp has been performing on an annual basis:

Fiscal Year 2011 2012
Revenue ($) in millions 622 1,310
Diluted EPS ($) NA 0.32

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 438.94 326.44 1,135.51 1,338.21
Diluted EPS ($) 0.47 -0.76 0.18 0.75

Past Performance:
Ngl Energy Partners Lp has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“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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