Keeping It Simple

[eastunder]

Earnings Final 12-3-18

_____________________________________________________

Results:

Targa Resources (TRGP) reported a 3rd Quarter September 2018 loss of $0.24 per share on revenue of $3.0 billion. The consensus earnings estimate was $0.07 per share on revenue of $2.7 billion. Revenue grew 40.1% on a year-over-year basis.

Centurylink (CTL) reported 3rd Quarter September 2018 earnings of $0.33 per share on revenue of $5.8 billion. The consensus earnings estimate was $0.30 per share on revenue of $5.9 billion. The Earnings Whisper number was $0.33 per share. Revenue grew 44.2% on a year-over-year basis.The company said it continues to expect Adjusted EBITDA of $9.00 billion to $9.15 billion for the year ending December 31, 2018

Calumet Specialty Pr (CLMT) reported a 3rd Quarter September 2018 loss of $0.09 per share on revenue of $953.5 million. The consensus estimate was a loss of $0.13 per share. Revenue fell 13.1% compared to the same quarter a year ago.

Starwood Property Trust (STWD) reported 3rd Quarter September 2018 earnings of $0.51 per share on revenue of $285.7 million. The consensus earnings estimate was $0.51 per share on revenue of $246.2 million. The Earnings Whisper number was $0.51 per share. Revenue grew 26.0% on a year-over-year basis.

Amerigas Partners LP (APU) reported a 4th Quarter September 2018 loss of $0.70 per share on revenue of $466.9 million. The consensus estimate was a loss of $0.53 per share on revenue of $439.8 million. Revenue grew 4.9% on a year-over-year basis

Navigator (NVGS) reported 3rd Quarter September 2018 earnings of $0.01 per share on revenue of $80.8 million. The consensus estimate was a loss of $0.02 per share on revenue of $60.7 million. Revenue grew 15.1% on a year-over-year basis.

Seadrill Partners Llc (SDLP) reported a Quarter September 2018 loss of $0.12 per share on revenue of $206.2 million.. Revenue fell 25.5% compared to the same quarter a year ago.

3rd Quarter 2018 Earnings: GMLP announced Monday continued positive non-GAAP earnings of $0.70 per share, 89.19% above the same quarter a year ago, beating the mean consensus estimate of $0.34.

Transmontaigne Partners LP (TLP) reported 3rd Quarter September 2018 earnings of $0.42 per share on revenue of $57.2 million. The consensus earnings estimate was $0.45 per share on revenue of $58.1 million. Revenue grew 25.7% on a year-over-year basis.

PBR reported 3rd Quarter 2018 diluted earnings (ex-items) of $0.26 per share. This beat last year's same period results by $0.2454.

Plains All American Pipeline LP (PAA) reported 3rd Quarter September 2018 earnings of $0.43 per share on revenue of $8.8 billion. The consensus earnings estimate was $0.37 per share on revenue of $8.2 billion. The Earnings Whisper number was $0.45 per share. Revenue grew 49.7% on a year-over-year basis.


Keurig Dr Pepper (KDP) reported 3rd Quarter September 2018 earnings of $0.30 per share on revenue of $2.7 billion. The consensus earnings estimate was $0.27 per share on revenue of $2.8 billion. The Earnings Whisper number was $0.29 per share.

United Fire Group I (UFCS) reported breakeven results for the Quarter September 2018 on revenue of $291.9 million.. Revenue grew 8.3% on a year-over-year basis.

Clean Energy Fuels (CLNE) reported a 3rd Quarter September 2018 loss of $0.05 per share on revenue of $77.3 million. The consensus estimate was a loss of $0.05 per share on revenue of $85.5 million. Revenue fell 5.5% compared to the same quarter a year ago.

Ellington Financial Llc (EFC) reported 3rd Quarter September 2018 earnings of $0.40 per share on revenue of $36.3 million. The consensus earnings estimate was $0.37 per share on revenue of $32.0 million. Revenue grew 62.4% on a year-over-year basis.

Ag Mortgage Investment Trust (MITT) reported Quarter September 2018 earnings of $0.59 per share on revenue of $39.7 million.. Revenue grew 18.2% on a year-over-year basis.

Lamar Advertis A (LAMR) reported 3rd Quarter September 2018 earnings of $1.51 per share on revenue of $418.5 million. The consensus earnings estimate was $1.39 per share on revenue of $421.4 million. Revenue grew 4.8% on a year-over-year basis. The company said it is tracking at the upper-end or slightly above its previous guidance for 2018 funds from operations of $5.30 to $5.40 per share. The current consensus FFO estimate is $5.38 per share for the year ending December 31, 2018.

Capstone Turbine Cp (CPST) reported a 2nd Quarter September 2018 loss of $0.07 per share on revenue of $22.2 million. The consensus estimate was a loss of $0.05 per share on revenue of $21.8 million. Revenue grew 12.1% on a year-over-year basis.

BPL reported third-quarter 2018 earnings of 57 cents per unit,Buckeye Partners’ total revenues came in at $909.6 million

Archrock (AROC) reported 3rd Quarter September 2018 earnings of $0.08 per share on revenue of $232.4 million. The consensus earnings estimate was $0.06 per share on revenue of $227.7 million. The Earnings Whisper number was $0.06 per share. Revenue grew 17.4% on a year-over-year basis

Sprouts Farmers Mark (SFM) reported 3rd Quarter September 2018 earnings of $0.27 per share on revenue of $1.3 billion. The consensus earnings estimate was $0.26 per share on revenue of $1.3 billion. The Earnings Whisper number was $0.27 per share. Revenue grew 10.2% on a year-over-year basis. The company said it expects 2018 earnings of $1.28 to $1.30 per share on revenue of $5.17 billion to $5.20 billion. The company's previous guidance was earnings of $1.24 to $1.28 per share on revenue of $5.15 billion to $5.20 billion and the current consensus earnings estimate is $1.26 per share on revenue of $5.20 billion for the year ending December 31, 2018.

Pennymac Mortgage Investment Trust (PMT) reported 3rd Quarter September 2018 earnings of $0.62 per share on revenue of $108.5 million. The consensus earnings estimate was $0.38 per share on revenue of $78.6 million. Revenue grew 43.1% on a year-over-year basis.

Gopro Inc Cl A (GPRO) reported a 3rd Quarter September 2018 loss of $0.03 per share on revenue of $285.9 million. The consensus estimate was a loss of $0.06 per share on revenue of $271.9 million. The Earnings Whisper number was for a loss of $0.04 per share. Revenue fell 13.3% compared to the same quarter a year ago. The company said during its conference call it expects fourth quarter non-GAAP earnings of $0.21 to $0.31 per share on revenue of $360.0 million to $380.0 million. The current consensus earnings estimate is $0.34 per share on revenue of $392.9 million for the quarter ending December 31, 2018.

Seagate Tech Ord Shs (STX) reported 1st Quarter September 2018 earnings of $1.70 per share on revenue of $3.0 billion. The consensus earnings estimate was $1.55 per share on revenue of $3.0 billion. The Earnings Whisper number was $1.55 per share. Revenue grew 13.6% on a year-over-year basis.The company said during its conference call it expects second quarter revenue of $2.70 billion to $2.75 billion. The current consensus revenue estimate is $3.02 billion for the quarter ending December 31, 2018.

Nustar Energy LP (NS) reported 3rd Quarter September 2018 earnings of $0.13 per share on revenue of $490.4 million. The consensus earnings estimate was $0.07 per share on revenue of $466.5 million. Revenue grew 11.3% on a year-over-year basis.

Omega Healthcare Investors (OHI) reported 3rd Quarter September 2018 earnings of $0.77 per share on revenue of $221.9 million. The consensus earnings estimate was $0.74 per share on revenue of $220.8 million. Revenue grew 1.0% on a year-over-year basis.The company said it continues to expect 2018 funds from operations of $3.03 to $3.06 per share. The current consensus FFO estimate is $2.97 per share for the year ending December 31, 2018.

Dcp Midstream LP (DCP) reported 3rd Quarter September 2018 earnings of $0.31 per share on revenue of $2.8 billion. The consensus earnings estimate was $0.41 per share. Revenue grew 34.3% on a year-over-year basis.

Parker Drilling (PKD) reported a 3rd Quarter September 2018 loss of $2.99 per share on revenue of $123.4 million.. Revenue grew 4.3% on a year-over-year basis.

Gogo (GOGO) reported a 3rd Quarter September 2018 loss of $0.47 per share on revenue of $217.3 million. The consensus estimate was a loss of $0.71 per share on revenue of $212.9 million. The Earnings Whisper number was for a loss of $0.68 per share. Revenue grew 25.7% on a year-over-year basis. The company said it continues to expect 2018 revenue of $865.0 million to $935.0 million. The current consensus estimate is revenue of $896.6 million for the year ending December 31, 2018.

Fitbit (FIT) reported 3rd Quarter September 2018 earnings of $0.04 per share on revenue of $393.6 million. The consensus estimate was a loss of $0.01 per share on revenue of $381.5 million. The Earnings Whisper number was for breakeven results. Revenue grew 0.3% on a year-over-year basis.The company said it expects fourth quarter non-GAAP earnings of more than $0.07 per share on revenue of more than $560.0 million. The current consensus estimate is earnings of $0.06 per share on revenue of $566.3 million for the quarter ending December 31, 2018.

Moelis (MC) reported 3rd Quarter September 2018 earnings of $0.62 per share on revenue of $207.7 million. The consensus earnings estimate was $0.63 per share on revenue of $207.9 million. The Earnings Whisper number was $0.66 per share. Revenue grew 22.2% on a year-over-year basis.

Verizon Communications (VZ) reported 3rd Quarter September 2018 earnings of $1.22 per share on revenue of $32.6 billion. The consensus earnings estimate was $1.19 per share on revenue of $32.4 billion. The Earnings Whisper number was $1.20 per share. Revenue grew 2.8% on a year-over-year basis.

Equity Residential (EQR) reported 3rd Quarter September 2018 earnings of $0.83 per share on revenue of $652.9 million. The consensus earnings estimate was $0.83 per share on revenue of $643.7 million. The Earnings Whisper number was $0.84 per share. Revenue grew 4.6% on a year-over-year basis.The company said it expects fourth quarter funds from operations of $0.84 to $0.86 per share. The current consensus FFO estimate is $0.84 per share for the quarter ending December 31, 2018.

AT&T (T) reported 3rd Quarter September 2018 earnings of $0.90 per share on revenue of $45.7 billion. The consensus earnings estimate was $0.93 per share on revenue of $45.7 billion. The Earnings Whisper number was $0.95 per share. Revenue grew 15.3% on a year-over-year basis.The company said it continues to expect 2018 earnings to be at the high-end of the $3.50 per share range. The current consensus earnings estimate is $3.52 per share for the year ending December 31, 2018.

Martin Midstrm LP (MMLP) reported a 3rd Quarter September 2018 loss of $0.24 per share on revenue of $219.0 million. The consensus estimate was a loss of $0.08 per share on revenue of $226.8 million. The Earnings Whisper number was for a loss of $0.10 per share. Revenue grew 13.4% on a year-over-year basis.

CVR Energy Inc. (CVI) on Wednesday reported third-quarter net income of $90 million.On a per-share basis, the Sugar Land, Texas-based company said it had net income of 94 cents. Earnings, adjusted for non-recurring costs, were 95 cents per share.

Gaslog Partners LP (GLOP) reported 3rd Quarter September 2018 earnings of $0.49 per share on revenue of $81.9 million. The consensus earnings estimate was $0.46 per share on revenue of $81.4 million. Revenue grew 11.5% on a year-over-year basis.

Suncoke Energy Partners LP (SXCP) reported 3rd Quarter September 2018 earnings of $0.32 per share on revenue of $224.1 million. The consensus earnings estimate was $0.41 per share on revenue of $221.3 million. Revenue grew 4.7% on a year-over-year basis.

Twitter (TWTR) reported 3rd Quarter September 2018 earnings of $0.21 per share on revenue of $758.1 million. The consensus earnings estimate was $0.13 per share on revenue of $703.7 million. The Earnings Whisper number was $0.16 per share. Revenue grew 28.6% on a year-over-year basis.

Digital Realty Trust (DLR) reported 3rd Quarter September 2018 earnings of $1.63 per share on revenue of $768.9 million. The consensus earnings estimate was $1.62 per share on revenue of $773.1 million. The Earnings Whisper number was $1.65 per share. Revenue grew 26.1% on a year-over-year basis.The company said it continues to expect 2018 funds from operations of $6.55 to $6.65 per share. The current consensus FFO estimate is $6.60 per share for the year ending December 31, 2018.

Transocean (RIG) reported 3rd Quarter September 2018 earnings of $0.06 per share on revenue of $816.0 million. The consensus estimate was a loss of $0.09 per share on revenue of $777.9 million. The Earnings Whisper number was for a loss of $0.11 per share. Revenue grew 1.0% on a year-over-year basis.

Rambus (RMBS) reported 3rd Quarter September 2018 earnings of $0.18 per share on revenue of $99.8 million. The consensus earnings estimate was $0.17 per share on revenue of $100.1 million. Revenue grew 0.7% on a year-over-year basis.The company said it expects fourth quarter non-GAAP results to range from a loss of $0.03 per share to earnings of $0.04 per share on revenue of $56.0 million to $62.0 million. The current consensus earnings estimate is $0.23 per share on revenue of $102.1 million for the quarter ending December 31, 2018.

Welltower (WELL) reported 3rd Quarter September 2018 earnings of $1.04 per share on revenue of $1.2 billion. The consensus earnings estimate was $1.02 per share on revenue of $1.2 billion. The Earnings Whisper number was $1.02 per share.The company said it expects 2018 funds from operations of $4.02 to $4.07 per share. The company's previous guidance was FFO of $3.99 to $4.05 per share and the current consensus FFO estimate is $4.03 per share for the year ending December 31, 2018.

Facebook (FB) reported 3rd Quarter September 2018 earnings of $1.76 per share on revenue of $13.7 billion. The consensus earnings estimate was $1.46 per share on revenue of $13.8 billion. The Earnings Whisper number was $1.49 per share. Revenue grew 32.9% on a year-over-year basis.

Entergy (ETR) reported 3rd Quarter September 2018 earnings of $3.77 per share on revenue of $3.1 billion. The consensus earnings estimate was $2.83 per share on revenue of $2.9 billion. Revenue fell 4.3% compared to the same quarter a year ago.The company said it expects 2018 earnings of $6.75 to $7.25 per share. The company's previous guidance was earnings of $6.25 to $6.85 per share and the current consensus earnings estimate is $6.64 per share for the year ending December 31, 2018.

Enterprise Products Partners LP (EPD) reported 3rd Quarter September 2018 earnings of $0.51 per share on revenue of $9.6 billion. The consensus earnings estimate was $0.46 per share on revenue of $9.8 billion. The Earnings Whisper number was $0.45 per share. Revenue grew 39.2% on a year-over-year basis.

Williams Companies (WMB) reported 3rd Quarter September 2018 earnings of $0.24 per share on revenue of $2.3 billion. The consensus earnings estimate was $0.20 per share on revenue of $2.2 billion. The Earnings Whisper number was $0.21 per share. Revenue grew 21.8% on a year-over-year basis.

Compass Minerals Intl (CMP) reported 3rd Quarter September 2018 earnings of $0.37 per share on revenue of $322.5 million. The consensus earnings estimate was $0.40 per share on revenue of $330.7 million. Revenue grew 10.9% on a year-over-year basis.The company said it continues to expect 2018 earnings of $2.20 to $2.50 per share. The current consensus earnings estimate is $2.35 per share for the year ending December 31, 2018.

Kinder Morgan (KMI) reported 3rd Quarter September 2018 earnings of $0.21 per share on revenue of $3.5 billion. The consensus earnings estimate was $0.20 per share on revenue of $3.5 billion. The Earnings Whisper number was $0.22 per share. Revenue grew 7.2% on a year-over-year basis.

Arlington Asset Investment (AI) reported 3rd Quarter September 2018 earnings of $0.47 per share on revenue of $32.9 million.. Revenue grew 14.0% on a year-over-year basis.

______________________________________________________