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Magellan Midstream Partners (MMP) Earnings Date, Estimates & Call Transcripts

$69.00
0.00 (0.00%)
(As of 09/25/2023)
Compare
Today's Range
$69.00
$69.00
50-Day Range
$63.55
$69.19
52-Week Range
$45.52
$69.90
Volume
N/A
Average Volume
3.42 million shs
Market Capitalization
$13.94 billion
P/E Ratio
13.75
Dividend Yield
6.07%
Price Target
$60.70

Earnings Summary

Upcoming
Earnings Date
Oct. 26Estimated
Actual EPS
(Aug. 3)
$1.23 Beat By $0.13
Consensus EPS
(Aug. 3)
$1.10
Skip Charts & View Estimated and Actual Earnings Data

MMP Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MMP Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magellan Midstream Partners Analyst Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20231$1.20$1.20$1.20$1.20 - $1.20
Q2 20232$0.99$1.14$1.07$1.10 - $1.10
Q3 20232$1.19$1.22$1.21$1.15 - $1.15
Q4 20232$1.35$1.41$1.38 
FY 20237$4.73$4.97$4.85 
Q1 20242$1.29$1.31$1.30 
Q2 20242$1.23$1.36$1.30 
Q3 20242$1.21$1.27$1.24 
Q4 20242$1.41$1.44$1.43 
FY 20248$5.14$5.38$5.26 
Q1 20251$1.26$1.26$1.26 
Q2 20251$1.28$1.28$1.28 

MMP Earnings Date and Information

Magellan Midstream Partners last released its quarterly earnings data on August 3rd, 2023. The pipeline company reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.13. The firm earned $877.20 million during the quarter, compared to analysts' expectations of $797.91 million. Magellan Midstream Partners has generated $5.02 earnings per share over the last year ($5.02 diluted earnings per share) and currently has a price-to-earnings ratio of 13.7. Earnings for Magellan Midstream Partners are expected to grow by 3.13% in the coming year, from $5.12 to $5.28 per share. Magellan Midstream Partners has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 26th, 2023 based off prior year's report dates.

Magellan Midstream Partners Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/26/2023
Estimated)
------- 
8/3/2023Q2 2023$1.10$1.23+$0.13$1.28$797.91 million$877.20 million
5/4/2023Q1 2023$1.21$1.32+$0.11$1.30$731.28 million$869.70 million      
2/2/2023Q4 2022$1.31$1.06($0.25)$1.21$855.67 million$861.00 million
10/27/2022Q3 2022$1.14$1.29+$0.15$0.99$733.97 million$876.10 million
7/28/2022Q2 2022$1.01$1.13+$0.12$0.59$688.81 million$788.60 million
5/5/2022Q1 2022$1.05$1.08+$0.03$1.38$704.74 million$631.10 million    
2/2/2022Q4 2021$1.12$1.24+$0.12$1.34$732.93 million$809.30 million
11/2/2021Q3 2021$0.96$1.08+$0.12$1.10$648.14 million$639.05 million    
7/29/2021Q2 2021$1.02$1.26+$0.24$1.50$561.73 million$653.64 million    
4/29/2021Q1 2021$0.87$1.09+$0.22$1.19$661.52 million$661.00 million    
2/2/2021Q4 2020$0.84$0.94+$0.10$1.06$643.24 million$586.30 million  
10/30/2020Q3 2020$0.85$0.97+$0.12$1.00$570.15 million$598.26 million    












Magellan Midstream Partners Earnings - Frequently Asked Questions

When is Magellan Midstream Partners's earnings date?

Magellan Midstream Partners has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 26th, 2023 based off last year's report dates. Learn more on MMP's earnings history.

Did Magellan Midstream Partners beat their earnings estimates last quarter?

In the previous quarter, Magellan Midstream Partners (NYSE:MMP) reported $1.23 earnings per share (EPS) to beat the analysts' consensus estimate of $1.10 by $0.13. Learn more on analysts' earnings estimate vs. MMP's actual earnings.

How much revenue does Magellan Midstream Partners generate each year?

Magellan Midstream Partners (NYSE:MMP) has a recorded annual revenue of $3.48 billion.

How much profit does Magellan Midstream Partners generate each year?

Magellan Midstream Partners (NYSE:MMP) has a recorded net income of $1.04 billion. MMP has generated $5.02 earnings per share over the last four quarters.

What is Magellan Midstream Partners's price-to-earnings ratio?

Magellan Midstream Partners (NYSE:MMP) has a trailing price-to-earnings ratio of 13.75 and a forward price-to-earnings ratio of 13.48.

What is Magellan Midstream Partners's EPS forecast for next year?

Magellan Midstream Partners's earnings are expected to grow from $5.12 per share to $5.28 per share in the next year, which is a 3.13% increase.


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This page (NYSE:MMP) was last updated on 9/29/2023 by MarketBeat.com Staff

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