| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Enable Midstream Partners (NYSE:ENBL) releases its next round of earnings this Wednesday, August 04. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Enable Midstream Partners EPS will likely be near $0.18 while revenue will be around $707.57 million, according to analysts. In the same quarter last year, Enable Midstream Partners reported earnings per share of $0.08 on revenue of $515.00 million.
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
The analyst consensus estimate would represent a 125.0% increase in the company's earnings. Revenue would be have grown 37.39% from the same quarter last year. Enable Midstream Partners's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.13 | 0.15 | 0.13 |
| EPS Actual | 0.33 | 0.19 | 0.15 | 0.08 |
| Revenue Estimate | 764.21 M | 721.30 M | 716.54 M | 746.96 M |
| Revenue Actual | 970.00 M | 704.00 M | 596.00 M | 515.00 M |
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Over the last 52-week period, shares are up 54.48%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Enable Midstream Partners is scheduled to hold the call at 10:00:00 ET and can be accessed here.
Posted In: ENBL
