Energy Transfer Equity, L.P. (ETE) Earnings Preview For Wednesday's Release
Energy Transfer Equity, L.P. (NYSE:ETE) is expected to report last fiscal quarter's results after the closing bell on February 15, 2012. We can review how Energy Transfer Equity, L.P. has performed recently.
Who They Are: . The company was founded in 2002 and is based in Dallas, Texas. Energy Tran Eqt shares trade an average of 450,000 shares per day and has a marketcap of $9.5 Billion.
52 Week High: $47.34
52 Week Low: $30.78
Book Value: $0.23
Float Short: 6.23%
What To Expect:
Analysts are expecting an improvement of $0.14 in earnings per share compared to last quarter's results of $0.31. Investors will be looking to see a number north of $0.45 per share based on the earnings estimates.
The lates analyst estimates are coming in between $0.34 and $0.54 per share.
Here is a look at the fiscal year revenue for Energy Transfer Equity, L.P.. 
Recent Stock and Valuation Performance:
The P/E ratio has dropped, as the current trailing twelve months P/E ratio is 27.1, while the forward P/E ratio is now 20.26.
Looking at the price movement over the last month, the stock has moved higher in price 5.16%, and moving in price 8.16% from one year ago.
When comparing to the S&P 500, the year to date difference is -3.58%.
Management has provided an improvement of year-over-year revenue. Revenue reported was $6.60 billion for 2010 vs. $5.42 billion for 2009. The bottom line has falling earnings year-over-year of $192.76 million for 2010 vs. $442.47 million for 2009.The company's earnings before interest and taxes are falling with an EBIT year-over-year of $1.04 billion for 2010 vs. $1.11 billion for 2009.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
Paid2Trade uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner.
