Boardwalk Pipeline Partners (NYSE:BWP) will issue its Q2 2013 quarterly earnings data before the market opens on Monday, July 29th. Parties that wish to register for the company’s conference call can do so using this link.
Boardwalk Pipeline Partners (NYSE:BWP) last posted its quarterly earnings results on Monday, April 29th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.02. The company had revenue of $328.50 million for the quarter, compared to the consensus estimate of $335.38 million. During the same quarter last year, the company posted $0.43 earnings per share. Boardwalk Pipeline Partners’s revenue was up 5.0% compared to the same quarter last year. On average, analysts expect Boardwalk Pipeline Partners to post $1.35 EPS for the current fiscal year and $1.45 EPS for the next fiscal year.
Boardwalk Pipeline Partners (NYSE: BWP) opened at 32.43 on Friday. Boardwalk Pipeline Partners has a 52-week low of $23.55 and a 52-week high of $33.00. The stock’s 50-day moving average is currently $30.78. The company has a market cap of $7.477 billion and a price-to-earnings ratio of 25.41.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Boardwalk Pipeline Partners from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 9th. They now have a $33.90 price target on the stock. Analysts at Credit Suisse upgraded shares of Boardwalk Pipeline Partners from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, April 30th.
Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Boardwalk Pipeline Partners currently has a consensus rating of “Hold” and a consensus target price of $31.30.
Boardwalk Pipeline Partners, LP owns and operates the business conducted by Boardwalk Pipelines, LP (NYSE: BWP) and its subsidiaries, Gulf Crossing Pipeline Company LLC (Gulf Crossing), Gulf South Pipeline Company, LP (Gulf South) and Texas Gas Transmission, LLC (Texas Gas).