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EnLink Midstream: Q1 Earnings Snapshot

DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported a loss of $12.7 million in its first quarter...

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DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported a loss of $12.7 million in its first quarter.

The Dallas-based company said it had a loss of 3 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The natural gas company posted revenue of $1.25 billion in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $4.57. A year ago, they were trading at $1.82.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENLC at https://www.zacks.com/ap/ENLC

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