Martin Midstream Partners Earnings Preview

Benzinga · 10/15 16:00

Martin Midstream Partners (NASDAQ:MMLP) is set to give its latest quarterly earnings report on Wednesday, 2024-10-16. Here's what investors need to know before the announcement.

Analysts estimate that Martin Midstream Partners will report an earnings per share (EPS) of $-0.03.

The announcement from Martin Midstream Partners is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

Last quarter the company beat EPS by $0.01, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Martin Midstream Partners's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.08 0.07 -0.04
EPS Actual 0.09 0.08 0.02 -0.03
Price Change % 0.0% -3.0% 9.0% -2.0%

Market Performance of Martin Midstream Partners's Stock

Shares of Martin Midstream Partners were trading at $4.0 as of October 14. Over the last 52-week period, shares are up 72.0%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Martin Midstream Partners visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.