Earnings Estimate Forecast on EnLink Midstream, LLC(ENLC)

EnLink Midstream, LLC(ENLC): For the most recent quarter end, EnLink Midstream, LLC reported Annual Earnings of $-0.02. Based on the filings, last years Annual Earnings was, $-0.01. For the most recent quarter end, ENLC reported a surprise Earnings per Share of -125% . The consensus estimate for current quarter is $0.08 and for the current fiscal year, the estimate is $0.46. For the Next fiscal year, the estimate is $0.6 based on the consensus. Dallas based EnLink Midstream, LLC Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on May 02, 2017.

EnLink Midstream, LLC has received $0.08 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $-0.01 while the top line estimate is $0.19 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 733.33%. EnLink Midstream, LLC results fell short with a surprise EPS of -125% or $-0.1. The Actual EPS was $-0.02 compared to the Estimated EPS of $0.08 during its most recent quarterly earnings. According to the corporate earnings calendar, EnLink Midstream, LLC will release next earnings on May 02, 2017 with an estimated EPS consensus of $0.08. Based on the consensus of stock financial advisors the stock has a price target of $18.22. Current year estimate on EPS consensus is $0.46.

EnLink Midstream, LLC has a Price to Earnings ratio of for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.65. For the Most Recent Fiscal Year, EnLink Midstream, LLC has a price to cash ratio of 6.18. For the Trailing twelve month period, company showed a Net Profit Margin of -10.82% and Return on Equity of the stock is -0.03%.

EnLink Midstream, LLC last declared its Dividend on Jan 27, 2017. For Dividend Investing Stock Market Traders EnLink Midstream, LLC has a Dividend Yield of 5.34% with an Annual Dividend of $1.02. It has a Payout Ratio of 0.56 and the change in Dividend payout ratio is -0.57.

EnLink Midstream LLC Last issued its quarterly earnings results on Feb 14, 2017. The company reported $-0.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.28. Analyst had a consensus of $0.10. The company had revenue of $1225.00 million for the quarter, compared to analysts expectations of $1145.96 million. The companys revenue was up 14.9% compared to the same quarter last year.

Company has reported several Insider transactions to the SEC, on Dec 2, 2016, Susan J Mcaden (V.P. Accounting & CAO) sold 5,400 shares at 18.56 per share price.On Jun 10, 2015, Stan Golemon (Senior Vice President) sold 33,431 shares at 32.35 per share price.

EnLink Midstream, LLC (NYSE:ENLC) witnessed a decline in the market cap on Wednesday as its shares dropped 2.09% or 0.4 points. After the session commenced at $19.05, the stock reached the higher end at $19.15 while it hit a low of $18.55. With the volume soaring to 787,770 shares, the last trade was called at $18.7. The company has a 52-week high of $20.25. The company has a market cap of $3,367 million and there are 180,075,380 shares in outstanding. The 52-week low of the share price is $6.41.

Enlink Midstream LLC is independent midstream energy. The Company is involved in natural gas gathering, treating, processing, transmission, distribution, supply and marketing, and crude oil marketing. Enlink Midstream LLC, formerly known as Crosstex Energy Inc., is based in headquartered in Dallas, Texas.

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