EnLink Midstream (ENLC) Q3 Earnings and Revenues Lag Estimates
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EnLink Midstream (ENLC) reported Q3 earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.13 per share, and down from $0.10 per share a year ago.
November 07, 2024 | 1:30 am
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NEGATIVE IMPACT
EnLink Midstream's Q3 earnings were $0.06 per share, below the expected $0.13 and last year's $0.10, indicating a potential negative impact on stock prices.
The earnings miss and year-over-year decline in EPS suggest potential negative sentiment among investors, likely leading to a short-term decrease in ENLC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100