Earnings Preview: Analysts Expect Enterprises Products Revenue, Earnings to Dip from Previous Quarter

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.

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