Magellan Midstream Partners L.P. (NYSE:MMP) Yearly Sales Target At $611.058


The EPS projection of Magellan Midstream Partners L.P. (NYSE:MMP) for quarter ended 2016-09-30 is $0.89. A week before, the EPS forecast was $0.89 against target of $0.89, a month earlier. This estimate stood at $0.89 60 days earlier versus forecast of $0.89 90 days earlier, confirming a deviation of 0%.

Magellan Midstream Partners L.P. (NYSE:MMP) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 4.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 2, 2, 0 and 2, respectively.

The downgrade of EPS estimates for Magellan Midstream Partners L.P. (NYSE:MMP) in the preceding 120, 60, 30 and 90 days were 3, 2, 1 and 4, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Magellan Midstream Partners L.P. (NYSE:MMP) was $0.89. This projection was computed after accounting 10 calls. As reported on 2016-05-04 the EPS was $0.87. The change was $0.04, demonstrating a percentage deviation of 4.82%. The projections confirmed a standard deviation of 0.09.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Magellan Midstream Partners L.P. (NYSE:MMP) stands at $611.058 and the median estimate at $611.058. Almost 2 analysts announced their estimates.

The highest estimate is $628.25 while the lowest target is $593.867 showing standard deviation of 24.312%.

As many as 2 analysts released sales estimates reised in upside while 2 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 2 revised sales number projection on upside while 2 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 2 hiked sales estimations and 2 reduced sales forecast. Magellan Midstream Partners L.P. (NYSE:MMP) stated that the change in forecast was -4.208%.

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