Energy Transfer Equity L.p. (NYSE:ETE) will report earnings after markets close on Wednesday, May 8th. Energy Transfer Equity, L.P. owns equity interests in Energy Transfer Partners, a limited partnership involved in the natural gas midstream, transportation, and storage business, as well as a retail propane business.
Here is your Cheat Sheet to Energy Transfer Equity L.p. Earnings:
Earnings Expectations: Analysts expect earnings of $0.48 per share on revenues of $9.95 billion. Currently, the company’s P/E ratio stands at 81.69.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.54 and has not changed. For the current year, the average estimate is a profit of $2.09, which is worse than the estimate ninety days ago.
Here’s how Energy Transfer Equity L.p. has been performing on an annual basis:
|Revenue ($) in millions||9,293||5,417||6,556||8,190||16,960|
|Diluted EPS ($)||1.68||1.98||0.86||1.38||1.13|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,165||1,689||1,976||2,171||11,150|
|Diluted EPS ($)||2.752||0.73||0.19||0.13||4.719|
Energy Transfer Equity L.p. has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)