Equities research analysts predict that Enviva Partners LP (NYSE:EVA) will announce earnings per share (EPS) of $0.15 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Enviva Partners’ earnings. Enviva Partners posted earnings per share of $0.57 during the same quarter last year, which suggests a negative year-over-year growth rate of 73.7%. The firm is expected to issue its next earnings results on Thursday, May 2nd.
According to Zacks, analysts expect that Enviva Partners will report full-year earnings of $0.96 per share for the current fiscal year. For the next year, analysts anticipate that the firm will report earnings of $1.34 per share. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Enviva Partners.
Enviva Partners (NYSE:EVA) last released its quarterly earnings results on Wednesday, February 20th. The energy company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.06. Enviva Partners had a return on equity of 19.52% and a net margin of 1.22%. The business had revenue of $168.67 million during the quarter, compared to the consensus estimate of $162.20 million.
Enviva Partners stock opened at $32.84 on Friday. Enviva Partners has a 52 week low of $25.40 and a 52 week high of $33.20. The company has a current ratio of 0.58, a quick ratio of 0.39 and a debt-to-equity ratio of 2.93. The company has a market cap of $872.62 million, a price-to-earnings ratio of 46.25 and a beta of 0.94.
In other news, Director Holdings Lp Enviva bought 1,681,237 shares of the company’s stock in a transaction on Tuesday, April 2nd. The shares were purchased at an average price of $29.74 per share, with a total value of $49,999,988.38. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Institutional investors have recently bought and sold shares of the business. Kayne Anderson Capital Advisors LP lifted its position in shares of Enviva Partners by 15.7% during the 4th quarter. Kayne Anderson Capital Advisors LP now owns 476,500 shares of the energy company’s stock worth $13,217,000 after buying an additional 64,600 shares in the last quarter. Paragon Capital Management LLC bought a new stake in shares of Enviva Partners in the 1st quarter worth approximately $32,000. Morgan Stanley raised its holdings in shares of Enviva Partners by 10.4% in the 3rd quarter. Morgan Stanley now owns 49,552 shares of the energy company’s stock worth $1,575,000 after purchasing an additional 4,663 shares during the period. Brasada Capital Management LP raised its holdings in shares of Enviva Partners by 47.7% in the 4th quarter. Brasada Capital Management LP now owns 96,790 shares of the energy company’s stock worth $2,686,000 after purchasing an additional 31,250 shares during the period. Finally, Barclays PLC bought a new stake in shares of Enviva Partners in the 4th quarter worth approximately $81,000.
Enviva Partners Company Profile
Enviva Partners, LP produces and supplies utility-grade wood pellets. It serves utilities and power generators in the United Kingdom and other European markets. Enviva Partners GP, LLC operates as the general partner of the company. Enviva Partners, LP was founded in 2013 and is based in Bethesda, Maryland.
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