Energy Transfer LP (ET) Advances While Market Declines: Some Information for Investors

Market participants will be closely following the financial results of Energy Transfer LP in its upcoming release. The company is expected to report EPS of $0.35, up 40% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be$ 24.61 billion, indicating a 34.34% growth compared to the corresponding quarter of the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, ...