Enterprises ProductsEPD unveils its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's essential guide to Enterprise Products second quarter earnings report.
Earnings and Revenue:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 46 cents per share and revenues of $9.8 billion. Whether the reported numbers bear or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of 46 cents per share on revenues of $7.54 billion. We'll have to wait for Tuesday to see if Enterprises Products falls in line with Wall Street predictions and reports a boost in revenue and a steady EPS from the year-ago quarter.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.44 | $0.44 | $0.45 | $0.44 |
EPS Actual | $0.48 | $0.46 | $0.47 | $0.46 |
Stock Performance:
Shares of Enterprises Products were trading at $43.17 as of July 20, 2011. Since January 1st, shares of Enterprises Products have given investors a return of 6.6%.Average Stock Rating:
The average rating by analysts for Enterprises Products is a Moderate Buy. This rating hasn't budged over the past three months.Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Enterprises Products' peers.- El Paso EP: Moderate Buy with a $0.30 recent quarter EPS
- Duncan Energy Partners L.P (DEP): Hold with a $0.39 recent quarter EPS
- DCP Midstream Partners (DPM): Hold with a $0.54 recent quarter EPS
- Energy Transfer Partners, L.P (ETP): Hold with a $0.71 recent quarter EPS
The oil/gas production pipeline company's industry has seen price/earnings growth of 5.6% during the current fiscal year.
Finally, a description of the company's main areas of operation: Enterprise Products Partners LP is a North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil and certain petrochemicals.
Take Action:
That's your advanced look at Enterprises Products' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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