Mark your calendars for Wednesday 6th November 2024, as EnLink Midstream LLC (NYSE: ENLC) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Financial analysts on Wall Street are predicting that the establishment is expected to report an estimated per share $0.15 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $1.74 billion during this period.
Wall street analysts expect the company to generate a total revenue of $7.32 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $0.48 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.1. This figure was a result of the company's total revenue, which reached an impressive $1.75 billion million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.07 | -41.7% | 1.55 B | +1.4% |
| Q1 2024 | $0.06 | -50.0% | 1.65 B | -6.8% |
| Q4 2023 | $0.14 | -57.6% | 1.86 B | -9.5% |
| Q3 2023 | $0.10 | -41.2% | 1.75 B | -34.5% |
| Q2 2023 | $0.12 | -29.4% | 1.53 B | -41.2% |
| *Growth on year-over-year basis | ||||
The previous trading day saw EnLink Midstream LLC (ENLC) shares trading between $14.62 and $14.85, besides a volume of 1.33 million shares. The stock closed Friday's regular trading session at $14.71, reflecting 0.00 percent .
