Buckeye Partners (NYSE:BPL) will post its quarterly earnings results before the market opens on Friday, November 2nd. Analysts expect Buckeye Partners to post earnings of $0.68 per share for the quarter.
Buckeye Partners (NYSE:BPL) last announced its earnings results on Friday, August 3rd. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.10). Buckeye Partners had a return on equity of 9.12% and a net margin of 11.19%. The business had revenue of $940.84 million for the quarter, compared to analyst estimates of $811.12 million. During the same period last year, the firm earned $0.80 EPS. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. On average, analysts expect Buckeye Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of BPL opened at $32.81 on Thursday. Buckeye Partners has a 52-week low of $31.41 and a 52-week high of $57.19. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.70 and a current ratio of 1.01. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 9.88 and a beta of 1.27.
Buckeye Partners Company Profile
Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States and internationally. The company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, and various distillates; refined petroleum products; and crude oil.
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