EnLink Midstream LLC expected to post earnings of 13  cents a share - Earnings Preview

EnLink Midstream LLC

28/10/2023 03:06

* EnLink Midstream LLC  ENLC.N   ENLC.K  is expected to show
a
fall in quarterly revenue when it reports  results on October
31. 
    * The Dallas Texas-based  company is expected to report  a
22.9% decrease in revenue to $2.054 billion from $2.66 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 13 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 $14​, above​ its last closing price of $12.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.11        0.11       0.12      Beat    11
 Mar. 31 2023  0.11        0.12       0.12      Met     0.3
 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.        0.08        0.07       0.17      Beat    157.6
 30 2022                                                
 Mar. 31 2022  0.06        0.06       0.08      Beat    34.5​
 Dec. 31 2021  0.07        0.06       0.11      Beat    81.5
 Sep. 30 2021  0.03        0.04       0.01      Missed  -71.6
 This summary was machine generated October 28 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated