EnLink Midstream Refines Guidance, Reports Second Quarter 2016 Results, and Provides Operational Update

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Go back to EnLink Midstream Refines Guidance, Reports Second Quarter 2016 Results, and Provides Operational Update

EnLink Midstream (ENLC) Misses Q2 EPS by 3c; Boosts FY16 adj.-EBITDA Outlook

August 3, 2016 9:09 AM EDT

EnLink Midstream (NYSE: ENLC) reported Q2 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $937.17 million.

Consolidated Guidance Update

EnLink refined full-year 2016 consolidated adjusted EBITDA guidance to a range of $750 million to $800 million from a range of $720 million to $800 million previously.Consolidated... More