EnLink Midstream LLC expected to post earnings of 11  cents a share - Earnings Preview

EnLink Midstream LLC

28/07/2023 21:37

* EnLink Midstream LLC  ENLC.N   ENLC.K  is expected to show
a
fall in quarterly revenue when it reports  results on August 1. 
    * The Dallas Texas-based  company is expected to report  a
20.6% decrease in revenue to $2.066 billion from $2.6 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for EnLink Midstream
LLC is
for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for EnLink
Midstream
LLC is $13.5​, above​ its last closing price of $11.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.11        0.12       0.12      Met     0.3
 Dec. 31 2023  0.18        0.18       0.33      Beat    83.7
 Sep. 30 2022  0.14        0.11       0.17      Beat    57.4​
 Jun. 30 2022  0.08        0.07       0.17      Beat    157.6
 ​​Mar.        0.06        0.06       0.08      Beat    34.5
 31 2022                                                
 Dec. 31 2021  0.07        0.06       0.11      Beat    81.5​
 Sep. 30 2021  0.03        0.04       0.01      Missed  -71.6
 Jun. 30 2021  0.01        0.01       -0.04     Missed  -550.5
 This summary was machine generated July 28 at 20:37 GMT.  All
figures in US dollars  unless otherwise stated