Unveiling Enterprise Products (EPD) Q3 Outlook: Wall Street Estimates for Key Metrics

Core Insights - Analysts project that Enterprise Products Partners (EPD) will report quarterly earnings of $0.67 per share, reflecting a year-over-year increase of 3.1% [1] - Revenue is expected to reach $12.59 billion, which represents an 8.6% decline from the same quarter last year [1] - The consensus EPS estimate has been revised downward by 1.7% in the past 30 days, indicating a reassessment by covering analysts [2] Financial Metrics - Analysts estimate 'NGL Pipelines & Services net - NGL fractionation volumes per day' at 1,719.13 thousand barrels, up from 1,611.00 thousand barrels a year ago [5] - The forecast for 'NGL Pipelines & Services net - Fee-based natural gas processing per day' is 7,711.24 thousand barrels, compared to 6,804.00 thousand barrels last year [5] - The consensus for 'NGL Pipelines & Services net - NGL pipeline transportation volumes per day' is 4,562.86 thousand barrels, an increase from 4,223.00 thousand barrels in the same quarter last year [6] - 'Natural Gas Pipelines & Services net - Natural gas transportation volumes per day' are estimated at 20,723 billion British thermal units, up from 19,090 billion British thermal units a year ago [7] - 'Petrochemical Services net - Butane isomerization volumes per day' are expected to be 120.61 thousand barrels, compared to 116.00 thousand barrels last year [7] - 'Petrochemical Services net - Propylene fractionation volumes per day' is projected at 113.58 thousand barrels, slightly up from 113.00 thousand barrels a year ago [8] - 'Petrochemical Services net - Octane enhancement and related plant sales volumes per day' is expected to reach 38.03 thousand barrels, compared to 37.00 thousand barrels last year [9] Operating Margins - 'NGL Pipelines & Services' gross operating margin is forecasted to be $1.37 billion, compared to $1.34 billion last year [10] - 'Crude Oil Pipelines & Services' gross operating margin is projected at $377.00 million, down from $401.00 million in the same quarter last year [11] - 'Natural Gas Pipelines & Services' gross operating margin is expected to reach $402.33 million, up from $349.00 million a year ago [11] - 'Petrochemical & Refined Products Services' gross operating margin is estimated at $343.04 million, compared to $363.00 million last year [12] Stock Performance - Over the past month, shares of Enterprise Products have returned -0.3%, while the Zacks S&P 500 composite has changed by +3.6% [12] - Currently, EPD holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the overall market in the near future [12]