EnLink Midstream (NYSE:ENLC) reported its Q2 earnings results on Wednesday, August 3, 2022 at 05:05 PM.
Here’s what investors need to know about the announcement.
Earnings
EnLink Midstream beat estimated earnings by 142.86%, reporting an EPS of $0.17 versus an estimate of $0.07.
Revenue was up $1.19 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 6.79% increase in the share price the next day.
Here’s a look at EnLink Midstream’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.06 | 0.03 | -0.01 |
| EPS Actual | 0.07 | 0.11 | 0 | -0.04 |
| Revenue Estimate | 1.75B | 1.70B | 1.32B | 1.06B |
| Revenue Actual | 2.23B | 2.24B | 1.79B | 1.41B |
To track all earnings releases for EnLink Midstream visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
