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EnLink Midstream: Q2 Earnings Insights

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.
byBenzinga Insights
August 3, 2022
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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.

 
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