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

EnLink Midstream LLC

01/11/2022 23:06

* EnLink Midstream LLC  ENLC.N  reported quarterly adjusted
earnings of 17 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 11 cents per share.
    * Revenue rose 49% to $2.66 billion from a year ago;
analysts
expected $2.09 billion. 
    * EnLink Midstream LLC's reported EPS for the quarter was 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 17.4%
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 33.6% this
quarter and
gained 72.4% so far this year.
    * The company reported quarterly net income of $80.8
million.
    * Wall Street's median 12-month price target for EnLink
Midstream
LLC is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 11:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.11           0.17           Beat
 Jun. 30 2022      0.07           0.17           Beat
 Mar. 31 2022      0.06           0.08           Beat
 Dec. 31 2021      0.06           0.11           Beat