Does The Street Have Energy Transfer Partners Figured Out?

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Energy Transfer Partners (NYS: ETP) is expected to report Q3 earnings around Oct. 30. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Energy Transfer Partners's revenues will grow 5.1% and EPS will expand 100.0%.

The average estimate for revenue is $1.80 billion. On the bottom line, the average EPS estimate is $0.30.


Revenue details
Last quarter, Energy Transfer Partners notched revenue of $1.24 billion. GAAP reported sales were 24% lower than the prior-year quarter's $1.63 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.01. GAAP EPS dropped to zero from the prior-year quarter's $0.19.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 36.3%, 960 basis points better than the prior-year quarter. Operating margin was 23.3%, 670 basis points better than the prior-year quarter. Net margin was 9.0%, 10 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.04 billion. The average EPS estimate is $2.31.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 886 members out of 903 rating the stock outperform, and 17 members rating it underperform. Among 262 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 259 give Energy Transfer Partners a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Energy Transfer Partners is hold, with an average price target of $50.00.

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The article Does The Street Have Energy Transfer Partners Figured Out? originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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