Preview: Energy Transfer's Earnings
Portfolio Pulse from Benzinga Insights
Energy Transfer (NYSE:ET) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $0.34. The company's past performance shows a trend of missing EPS estimates, which has led to share price drops. The stock is currently trading at $13.15, with a 52-week increase of 8.27%.
October 31, 2023 | 7:01 pm
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NEUTRAL IMPACT
Energy Transfer's upcoming earnings report could impact its stock price. Past misses on EPS estimates have led to share price drops.
Energy Transfer's stock price has historically been affected by its earnings reports, particularly when it misses EPS estimates. Given that analysts estimate an EPS of $0.34 for the upcoming report, a miss could potentially lead to a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100