EnLink Midstream LLC expected to post earnings of 12  cents a share - Earnings Preview

EnLink Midstream LLC

29/04/2023 03:06

* EnLink Midstream LLC  ENLC.N   ENLC.K  is expected to show
a
rise in quarterly revenue when it reports  results on May 2. 
    * The Dallas Texas-based  company is expected to report  a
5.1% increase in revenue to $2.341 billion from $2.23 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for EnLink Midstream
LLC is
for earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $14​, above​ its last closing price of $9.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.06        0.06       0.08      Beat    34.5
 ​​Dec.        0.07        0.06       0.11      Beat    81.5
 31 2021                                                
 Sep. 30 2021  0.03        0.04       0.01      Missed  -71.6​
 Jun. 30 2021  0.01        0.01       -0.04     Missed  -550.5
 Mar. 31 2021  -0.02       -0.02      -0.03     Missed  -39.9
 This summary was machine generated April 29 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated