Enterprise Products Partners (NYSE: EPD ) is expected to report Q4 earnings on Jan. 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Enterprise Products Partners's revenues will grow 1.6% and EPS will decrease -20.7%.
The average estimate for revenue is $11.77 billion. On the bottom line, the average EPS estimate is $0.65.
Last quarter, Enterprise Products Partners booked revenue of $10.47 billion. GAAP reported sales were 7.6% lower than the prior-year quarter's $11.33 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.66. GAAP EPS of $0.66 for Q3 were 20% higher than the prior-year quarter's $0.55 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 8.1%, 170 basis points better than the prior-year quarter. Operating margin was 7.7%, 160 basis points better than the prior-year quarter. Net margin was 5.6%, 140 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $43.71 billion. The average EPS estimate is $2.62.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,306 members out of 1,329 rating the stock outperform, and 23 members rating it underperform. Among 410 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 406 give Enterprise Products Partners a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Enterprise Products Partners is outperform, with an average price target of $58.47.
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