Enterprise Products Partners (NYSE: EPD) is expected to report Q1 earnings on April 30. 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 increase 3.2% and EPS will drop -11.0%.

The average estimate for revenue is $11.61 billion. On the bottom line, the average EPS estimate is $0.65.

Revenue details
Last quarter, Enterprise Products Partners logged revenue of $11.01 billion. GAAP reported sales were 4.4% lower than the prior-year quarter's $11.59 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.68. GAAP EPS of $0.68 for Q4 were 17% lower than the prior-year quarter's $0.82 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 7.8%, 50 basis points worse than the prior-year quarter. Operating margin was 7.5%, 50 basis points worse than the prior-year quarter. Net margin was 5.6%, 60 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $47.45 billion. The average EPS estimate is $2.72.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,321 members out of 1,347 rating the stock outperform, and 26 members rating it underperform. Among 388 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 386 give Enterprise Products Partners a green thumbs-up, and two 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 $59.40.

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