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SMLP

Summit Midstream Partners Lp

$27.49

Earnings Summary

Revenue
$127.32Mn
Net Profits
$-15.12Mn
Net Profit Margins
-11.87%

Highlights

Revenue:

Summit Midstream Partners Lp’s revenue jumped 48.52% since last year same period to $127.32Mn in the Q4 2023. On a quarterly growth basis, Summit Midstream Partners Lp has generated 5.05% jump in its revenue since last 3-months.

Net Profits:

Summit Midstream Partners Lp’s net profit jumped 45.7% since last year same period to $-15.12Mn in the Q4 2023. On a quarterly growth basis, Summit Midstream Partners Lp has generated -490.24% fall in its net profits since last 3-months.

Net Profit Margins:

Summit Midstream Partners Lp’s net profit margin jumped 63.44% since last year same period to -11.87% in the Q4 2023. On a quarterly growth basis, Summit Midstream Partners Lp has generated -471.47% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Summit Midstream Partners Lp post its latest quarter earnings

EPS Estimate Current Quarter
0.42
EPS Estimate Current Year
0.42

Highlights

EPS Estimate Current Quarter:

Summit Midstream Partners Lp’s earning per share (EPS) estimates for the current quarter stand at 0.42 - a 68% jump from last quarter’s estimates.

EPS Estimate Current Year:

Summit Midstream Partners Lp’s earning per share (EPS) estimates for the current year stand at 0.42.

Key Ratios

Key ratios of the Summit Midstream Partners Lp post its Q4 2023 earnings

Earning Per Share (EPS)
-2.12
Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.05

Highlights

Earning Per Share (EPS):

Summit Midstream Partners Lp’s earning per share (EPS) jumped 30.03% since last year same period to -2.12 in the Q4 2023. This indicates that the Summit Midstream Partners Lp has generated 30.03% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Summit Midstream Partners Lp’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Summit Midstream Partners Lp’s return on equity (ROE) stands at -0.05.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-05
0.12
-1.82
-1616.67%
2023-08-09
0.08
-1.91
-2487.5%
2023-11-07
0.25
-0.27
-208%
2024-03-15
0.42
-2.12
-604.76%