Energy Transfer Equity (NYSE: ETE ) is expected to report Q4 earnings on Feb. 20. 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 Energy Transfer Equity's revenues will grow 167.5% and EPS will increase 42.1%.
The average estimate for revenue is $5.83 billion. On the bottom line, the average EPS estimate is $0.54.
Last quarter, Energy Transfer Equity logged revenue of $2.17 billion. GAAP reported sales were 4.2% higher than the prior-year quarter's $2.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.13. GAAP EPS of $0.12 for Q3 were 61% lower than the prior-year quarter's $0.31 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 33.3%, 870 basis points better than the prior-year quarter. Operating margin was 16.9%, 390 basis points better than the prior-year quarter. Net margin was 1.6%, 170 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.50 billion. The average EPS estimate is $1.98.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 221 members out of 233 rating the stock outperform, and 12 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Energy Transfer Equity 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 Energy Transfer Equity is outperform, with an average price target of $49.11.
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