Enterprise Products Partners
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Enterprise Products Partners's revenues will expand 16.7% and EPS will expand 7.8%.
The average estimate for revenue is $11.43 billion. On the bottom line, the average EPS estimate is $0.69.
Last quarter, Enterprise Products Partners recorded revenue of $11.38 billion. GAAP reported sales were 1.2% higher than the prior-year quarter's $11.25 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 $0.77. GAAP EPS of $0.83 for Q1 were 14% higher than the prior-year quarter's $0.73 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 8.6%, 160 basis points better than the prior-year quarter. Operating margin was 8.1%, 150 basis points better than the prior-year quarter. Net margin was 6.6%, 80 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $47.67 billion. The average EPS estimate is $2.96.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,325 members out of 1,349 rating the stock outperform, and 24 members rating it underperform. Among 351 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 349 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 $61.19.
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