Energy Transfer Partners (ETP): Q1 EPS of $4.35 may not be comparable to $0.50 consensus...


Energy Transfer Partners (ETP): Q1 EPS of $4.35 may not be comparable to $0.50 consensus estimate. Revenue of $1.31B (-22.6% Y/Y) misses by $480M. (PR)
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  • Mduany
    , contributor
    Comment (1) | Send Message
     
    It missed--in part--because it sold propane unit and reported only eleven days of ownership. Very difficult to make meaningful quarter over quarter comparison with all the merger, drop down and sales activity. Clearly did not make anything like 4.50 EPS.
    9 May 2012, 01:22 AM Reply Like
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