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

EnLink Midstream LLC

05/11/2024 24:29

* EnLink Midstream LLC  ENLC.N   ENLC.K  is expected to show
a
fall in quarterly revenue when it reports  results on November 6
for the period ending September 30 2024
    * The Dallas Texas-based  company is expected to report a
0.5% decrease in revenue to $1.737 billion from $1.75 billion a
year ago, according to the mean estimate from 2 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"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 $15.00​, above​ its last closing price of $14.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.13        0.13       0.07      Missed  -47.8
 Mar. 31 2024  0.14        0.13       0.06      Missed  -55.3
 Dec. 31 2023  0.15        0.15       0.14      Missed  -8.5​
 Sep. 30 2023  0.13        0.13       0.06      Missed  -53.6
 ​​Jun.        0.11        0.11       0.12      Beat    8.2
 30 2023                                                
 Mar. 31 2023  0.11        0.12       0.12      Met     1.4​
 Dec. 31 2022  0.18        0.18       0.33      Beat    86.6
 Sep. 30 2022  0.14        0.11       0.17      Beat    50
 This summary was machine generated November 5 at 00:29 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)