EnLink Midstream LLC expected to post earnings of 15 cents a share - Earnings Preview

EnLink Midstream LLC

16/02/2024 21:32

* EnLink Midstream LLC  ENLC.N   ENLC.K  is expected to show
a
rise in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The Dallas Texas-based  company is expected to report a
5.1% increase in revenue to $2.155 billion from $2.05 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for EnLink Midstream LLC is
for
earnings of 15 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 $14.00​, above​ its last closing price of $12.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.13        0.13       0.06      Missed  -52.5
 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.        0.14        0.11       0.17      Beat    57.4
 30 2022                                                
 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. 31 2021  0.07        0.06       0.11      Beat    81.5
 This summary was machine generated February 16 at 21:32 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)