EnLink Midstream LLC reports results for the quarter ended in December - Earnings Summary

EnLink Midstream LLC

14/02/2023 23:42

* EnLink Midstream LLC  ENLC.N  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 18 cents per share.
    * Revenue fell 8.6% to $2.05 billion from a year ago;
analysts
expected $3.39 billion. 
    * EnLink Midstream LLC's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 24.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * EnLink Midstream LLC shares had risen by 3.0% this
quarter.
    * The company reported quarterly net income of $160 million.
    * Wall Street's median 12-month price target for EnLink
Midstream
LLC is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 11:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.18           0.33           Beat
 Sep. 30 2022      0.11           0.17           Beat
 Jun. 30 2022      0.07           0.17           Beat
 Mar. 31 2022      0.06           0.08           Beat