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Buckeye Partners, L.P. (NYSE:BPL) is set to issue its Q114 quarterly earnings data on Friday, May 2nd. Analysts expect the company to announce earnings of $0.93 per share and revenue of $1.53 billion for the quarter.

Buckeye Partners, L.P. (NYSE:BPL) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.75 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.86 by $0.11. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company posted $0.96 earnings per share. Buckeye Partners, L.P.’s revenue was up 47.2% compared to the same quarter last year. On average, analysts expect Buckeye Partners, L.P. to post $3.78 EPS for the current fiscal year and $4.16 EPS for the next fiscal year.

Shares of Buckeye Partners, L.P. (NYSE:BPL) opened at 76.21 on Thursday. Buckeye Partners, L.P. has a 1-year low of $61.34 and a 1-year high of $79.37. The stock’s 50-day moving average is $75.35 and its 200-day moving average is $71.21. The company has a market cap of $8.781 billion and a price-to-earnings ratio of 51.37.

BPL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Buckeye Partners, L.P. in a research note on Friday, March 14th. They now have a $76.00 price target on the stock. On a related note, analysts at Citigroup Inc. upgraded shares of Buckeye Partners, L.P. from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 11th. Finally, analysts at UBS AG raised their price target on shares of Buckeye Partners, L.P. to $76.00 in a research note on Monday, February 10th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $75.67.

Buckeye Partners, L.P. (NYSE:BPL) is a master limited partnership.

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