Enterprise Products Partners (EPD) Stock Drops Despite Market Gains: Important Facts to Note

The the stock of provider of midstream energy services has fallen by 0.98% in the past month, leading the OilsEnergy sector's loss of 5.99% and undershooting the S&P 500's gain of 3.34%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.73 per share and revenue of $58.34 billion, indicating changes of +7.91% and +17.35%, respectively, compared to the previous year. Our research reveals that these estimate alterations are directly linked with the stock price performance in the ...