Enbridge
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Enbridge's revenues will grow 24.7% and EPS will grow 12.9%.
The average estimate for revenue is $5.13 billion. On the bottom line, the average EPS estimate is $0.35.
Revenue details
Last quarter, Enbridge recorded revenue of $5.61 billion. GAAP reported sales were 22% lower than the prior-year quarter's $7.19 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 $0.01. GAAP EPS of $0.01 for Q2 were 98% lower than the prior-year quarter's $0.41 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 21.9%, 100 basis points better than the prior-year quarter. Operating margin was 4.7%, 530 basis points worse than the prior-year quarter. Net margin was 0.6%, 380 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $23.27 billion. The average EPS estimate is $1.64.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 373 members out of 385 rating the stock outperform, and 12 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 82 give Enbridge 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 Enbridge is outperform, with an average price target of $38.17.
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