Energy Transfer's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Energy Transfer (NYSE:ET) is set to release its quarterly earnings report on August 7, 2024, with analysts estimating an EPS of $0.36. The company's past performance shows mixed results, with a recent miss leading to a share price drop. Analysts maintain a 'Buy' rating with a potential 26.5% upside. Energy Transfer shows strong revenue growth but faces challenges in profitability metrics like ROE and net margin.
September 10, 2024 | 2:49 pm
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Energy Transfer is expected to report an EPS of $0.36. The company's past earnings misses have led to stock price drops, but analysts maintain a 'Buy' rating with a 26.5% upside potential. Investors are focused on whether the company will meet or exceed expectations and provide favorable guidance.
The earnings report is crucial for Energy Transfer as past misses have impacted stock prices. The 'Buy' rating and potential upside suggest positive sentiment, but actual results and guidance will determine short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100