Enterprise Products Partners
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Enterprise Products Partners' revenue will improve 4.5% and EPS will expand 5.9%.
The average estimate for revenue is $11.72 billion. On the bottom line, the average EPS estimate is $0.54.
Revenue details
Last quarter, Enterprise Products Partners tallied revenue of $11.25 billion. GAAP reported sales were 10% higher than the prior-year quarter's $10.18 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 $0.73. GAAP EPS of $0.73 for Q1 were 49% higher than the prior-year quarter's $0.49 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 7.0%, 70 basis points better than the prior-year quarter. Operating margin was 6.6%, 60 basis points better than the prior-year quarter. Net margin was 5.8%, 170 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $48.78 billion. The average EPS estimate is $2.41.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,269 members out of 1,293 rating the stock outperform, and 24 members rating it underperform. Among 379 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 375 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 buy, with an average price target of $54.56.
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