Thu, Jul 24, 2014, 7:52 AM EDT - U.S. Markets open in 1 hr 38 mins

Recent

% | $
Click the to save as a favorite.

Enterprise Products Partners L.P. Message Board

  • lawstuff22 lawstuff22 Nov 1, 2012 8:44 AM Flag

    EPD Earnings...

    6:09AM Enterprise Products beats by $0.06, misses on revs (EPD) 52.71 : Reports Q3 (Sep) earnings of $0.66 per share, $0.06 better than the Capital IQ Consensus Estimate of $0.60; revenues fell 7.6% year/year to $10.47 bln vs the $11.22 bln consensus.

    Net income for the third quarter of 2012 was reduced by non-cash asset impairment charges of $43 million, or $0.05 per unit on a fully diluted basis.
    Enterprise increased its cash distribution with respect to the third quarter of 2012 to $0.65 per unit, or $2.60 per unit on an annualized basis, which represents a 6.1 percent increase from the distribution rate paid with respect to the third quarter of 2011.
    "This volume growth in our fee-based businesses along with attractive sales margins led to another quarter of strong financial performance with a $167 million, or 17 percent, increase in gross operating margin for the third quarter of 2012 compared to the third quarter of last year."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The "earnings" you posted are interesting. The problem is using standard earnings and revenues is a joke for MLPs. DCF is what counts along with operating margin. Compared to last year after accounting adjustments it was a 1.4X coverage to the distribution.

 
EPD
78.56+0.16(+0.20%)Jul 23 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Facebook, Inc.
NasdaqGSWed, Jul 23, 2014 4:00 PM EDT
Gilead Sciences Inc.
NasdaqGSWed, Jul 23, 2014 3:59 PM EDT