Energy Transfer (ET) is scheduled to announce Q4 earnings results on Tuesday, February 17th, before market open.
The company’s previous quarter results fell below expectations, and adjusted EBITDA and cash flow declined slightly year-over-year.
Despite the double miss, Energy Transfer (ET) posted record volumes in key areas, including natural gas liquids transportation, terminal volumes, and export volumes. Natural gas transportation volumes also increased in both interstate and intrastate segments.
Analyses by SA contributors ahead of Q4 results present a bullish picture for the company. Steven Fiorillo expects “a lot to look forward to” with the results, with Energy Transfer well-positioned by diversified infrastructure assets and long-term data center contracts.
Another analysis by Samuel Smith suggests this may be the “most important one in years” for the company and determines “whether this high-yielder finally breaks out.”
KM Capital downgraded the stock to Hold, citing a “stretched valuation and operating leverage uncertainty, despite strong recent total returns.”
Nevertheless, it still expects robust Q4 revenue from organic and M&A drivers, although EPS growth may lag.
The stock has dropped around 6.8% in the past 12 months and holds a Buy rating by SA and Wall Street analysts and a Hold by Seeking Alpha’s Quant system.
The consensus EPS Estimate is $0.30 and the consensus revenue estimate is $24.04B (+23.0% Y/Y).
Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downward. Revenue estimates have seen 2 upward revisions and 2 downward.