What's Next: Enterprise Prods Partners's Earnings Preview
Portfolio Pulse from Benzinga Insights
Enterprise Products Partners (NYSE:EPD) is set to announce its quarterly earnings on October 29, 2024. Analysts estimate an EPS of $0.68. The company's past performance shows a tendency for share price drops following missed EPS estimates. Currently, EPD has a 'Buy' rating with a potential 23.92% upside based on a $36 price target. The company shows strong revenue growth but faces challenges in profitability metrics like net margin and ROE.
October 28, 2024 | 2:02 pm
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Enterprise Products Partners is expected to announce its earnings with an estimated EPS of $0.68. The company has a 'Buy' rating and a potential 23.92% upside. Past performance shows share price drops after missing EPS estimates.
The upcoming earnings announcement is crucial for EPD as it could influence short-term stock price movements. The 'Buy' rating and potential upside suggest positive sentiment, but past EPS misses have led to price drops, indicating a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100