EnLink Midstream: 3Q Earnings Snapshot
EnLink Midstream: 3Q Earnings Snapshot
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DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported third-quarter earnings of $7.7 million.
On a per-share basis, the Dallas-based company said it had profit of 4 cents.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.
The natural gas company posted revenue of $2.11 billion in the period.
EnLink Midstream shares have decreased 26 percent since the beginning of the year. The stock has fallen 18 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENLC at https://www.zacks.com/ap/ENLC
