The Country Caller sheds light on Q4 projected earnings for Enterprise Products and Alliance Resource

Published By: Eunice Gettys on January 28, 2017 07:25 pm EST

Enterprise Products Partners L.P. (NYSE:EPD) and Alliance Resource Partners, L.P. (NASDAQ:ARLP) are expected to announce their financial numbers for the fourth quarter of fiscal 2016 (4QFY16) during the pre-market hours on January 30. Given positive earnings trends in the past, both companies are expected to beat the Street’s estimates on bottom line whilst ARLP is also expected to outperform the top line numbers this season. The Country Caller sheds light on EPD and ARLP’s earnings whispers and historic numbers in detail below:

 

Enterprise Products

For the upcoming earnings call, the Street expects Enterprise Products to report 32 cents EPS, an increase of 6.67% quarter-over-quarter (QoQ) on the bottom line. However, the aforementioned estimate is likely to compress per share profits by roughly 6.25% year-over-year (YoY). In this regard, Estimize.com expects the profits to decline only slightly to 33 cents this season.

 

Enterprise Products is also predicted to meet consensus revenue estimate at $5.86 billion, relatively higher than Estimize.com’s projected top-line value of $5.84 billion. Nonetheless, the Street’s estimates will lead to a decline of roughly 4.84% YoY in net sales. Given that the company earned $5.92 billion in 3QFY16 net sales, it will lead to a sequential decline of 1.06% on the top line.

 

Alliance Resource Partners

Alliance Resource has consensus EPS estimate and Earningswhispers.com forecast of 86 cents and 93 cents, respectively. This is projected to lead to a decline of 5.5% QoQ on bottom line. However, it is expected to result in 21.1% EPS growth this season.

 

ARLP also has Estimize.com estimate and consensus top-line projection of $521.07 million and $515.67 million, respectively. Reportedly, the business’ top line clocked in at $552.07 million in 4Q last year, whereas its 3QFY16 net sales came in at $42.15 million.