Martin Midstream Partners LP expected to post a loss of 13 cents a share - Earnings Preview

Martin Midstream Partners LP

20/07/2021 21:05

* Martin Midstream Partners LP  MMLP.OQ   MMLP.O  is expected
to show a fall in quarterly revenue when it reports results on
July 22. 
* The Kilgore, Texas-based company is expected to report   a
75.7% decrease in revenue to $34.14 million from $140.64 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for Martin Midstream
Partners LP is for a loss of 13 cents per share. For the same
quarter last year, the company reported a loss of 6 cents per
share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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 Martin
Midstream Partners LP is $2​, about 32.5% below​ its last
closing price of $2.65. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.10       -0.10      0.06      Beat    160
 Dec. 31 2020              0.02       -0.06     Missed  -400
 Sep. 30 2020  -0.21       -0.24      -0.17     Beat    30.6​
 Jun. 30 2020  -0.01       -0.06      -0.06     Met     0
 Mar.          0.18​       0.13       0.14      Beat    4.2​
 31​ 2020​                                              
 Dec. 31 2019  0.10        0.10       0.16      Beat    63.8​
 Sep. 30 2019  -0.06       -0.06      0.33      Beat    689.3
 Jun. 30 2019  0.13        0.13       -0.27     Missed  -309.7
 This summary was machine generated July 20 at 20:05 GMT.  All
figures in US dollars unless otherwise stated