Countdown to Enterprise Products (EPD) Q2 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Enterprise Products Partners (EPD) is expected to report quarterly earnings of $0.65 per share, a 1.6% increase year-over-year, with revenues projected at $14.21 billion, reflecting a 5.4% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 1.4% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Projections - Analysts estimate 'NGL Pipelines & Services net - NGL fractionation volumes per day' at 1,643.35 thousand barrels, up from 1,629.00 thousand barrels year-over-year [5]. - The estimate for 'NGL Pipelines & Services net - Fee-based natural gas processing per day' is projected at 7,193.40 thousand barrels, compared to 6,514.00 thousand barrels last year [6]. - 'NGL Pipelines & Services net - NGL pipeline transportation volumes per day' is expected to reach 4,655.69 thousand barrels, an increase from 4,264.00 thousand barrels year-over-year [6]. - 'Natural Gas Pipelines & Services net - Natural gas transportation volumes per day' are estimated at 20,257 billion British thermal units, up from 18,344 billion British thermal units last year [7]. - The consensus for 'Petrochemical Services net - Butane isomerization volumes per day' is 117.36 thousand barrels, slightly down from 119.00 thousand barrels year-over-year [8]. - 'Petrochemical Services net - Propylene fractionation volumes per day' is projected at 111.91 thousand barrels, an increase from 96.00 thousand barrels last year [8]. - 'Petrochemical Services net - Octane enhancement and related plant sales volumes per day' is expected to be 39.09 thousand barrels, compared to 39.00 thousand barrels year-over-year [9]. - 'NGL Pipelines & Services net - Equity NGL production per day' is estimated at 228.53 thousand barrels, up from 217.00 thousand barrels last year [10]. - 'Gross operating margin- NGL Pipelines & Services' is forecasted to reach $1.42 billion, compared to $1.33 billion in the same quarter last year [10]. - 'Gross operating margin- Crude Oil Pipelines & Services' is expected at $384.81 million, down from $417.00 million year-over-year [11]. - 'Gross operating margin- Natural Gas Pipelines & Services' is projected at $335.23 million, an increase from $293.00 million last year [11]. - 'Gross operating margin- Petrochemical & Refined Products Services' is estimated at $371.52 million, compared to $392.00 million last year [12]. Stock Performance - Shares of Enterprise Products have increased by 2.4% over the past month, while the Zacks S&P 500 composite has moved up by 5.7% [12].