El Paso Pipeline Partners (EPB) Scheduled to Post Earnings on Wednesday
El Paso Pipeline Partners (NYSE:EPB) will be releasing its Q313 earnings data on Wednesday, October 16th. Analysts expect El Paso Pipeline Partners to post earnings of $0.47 per share and revenue of $384.83 million for the quarter.
El Paso Pipeline Partners (NYSE:EPB) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.40 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.48 by $0.08. The company had revenue of $359.00 million for the quarter, compared to the consensus estimate of $389.60 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts expect El Paso Pipeline Partners to post $2.03 EPS for the current fiscal year and $2.20 EPS for the next fiscal year.
El Paso Pipeline Partners (NYSE:EPB) opened at 41.38 on Tuesday. El Paso Pipeline Partners has a one year low of $33.64 and a one year high of $44.99. The stock’s 50-day moving average is $41.56 and its 200-day moving average is $42.37. The company has a market cap of $9.014 billion and a price-to-earnings ratio of 15.01.
On the ratings front, analysts at Jefferies Group initiated coverage on shares of El Paso Pipeline Partners in a research note to investors on Wednesday, September 4th. They set a “hold” rating and a $44.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $43.40.
El Paso Pipeline Partners, L.P. owns and operates natural gas transportation pipelines and storage assets.
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