Equities research analysts forecast that Southcross Energy Partners LP (NYSE:SXE) will post ($0.20) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Southcross Energy Partners’ earnings. Southcross Energy Partners also reported earnings of ($0.20) per share in the same quarter last year. The business is expected to report its next quarterly earnings results on Wednesday, August 8th.
According to Zacks, analysts expect that Southcross Energy Partners will report full-year earnings of ($0.81) per share for the current year. Zacks’ EPS averages are an average based on a survey of research firms that cover Southcross Energy Partners.
Separately, ValuEngine upgraded Southcross Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 2nd.
Shares of Southcross Energy Partners traded down $0.04, reaching $1.61, on Thursday, Marketbeat Ratings reports. 285,400 shares of the company were exchanged, compared to its average volume of 147,911. Southcross Energy Partners has a one year low of $1.44 and a one year high of $3.86. The stock has a market cap of $131.72 million, a P/E ratio of -1.92 and a beta of 4.19. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.07.
About Southcross Energy Partners
Southcross Energy Partners, L.P., together with its subsidiaries, provides natural gas gathering, processing, treating, compression, and transportation services in the United States. The company also offers natural gas liquid (NGL) fractionation and transportation services. In addition, it supplies natural gas to industrial, commercial, and power generation customers, as well as local distribution companies.
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