Ferrellgas Companions, L.P. (FGP) closed at $0.92 within the newest buying and selling session, mar
Ferrellgas Companions, L.P. (FGP) closed at $0.92 within the newest buying and selling session, marking a +0.85% transfer from the prior day. The inventory lagged the S&P 500’s every day acquire of 1.09%. Elsewhere, the Dow gained 1.21%, whereas the tech-heavy Nasdaq added 1.34%.
Previous to at present’s buying and selling, shares of the corporate had misplaced 8.08% over the previous month. This has lagged the Oils-Power sector’s lack of 3.18% and the S&P 500’s lack of 1.17% in that point.
FGP can be trying to show power because it nears its subsequent earnings launch. In that report, analysts anticipate FGP to submit earnings of -$0.64 per share. This is able to mark a year-over-year decline of 1.59%.
Buyers may additionally discover current adjustments to analyst estimates for FGP. These revisions assist to point out the ever-changing nature of near-term enterprise tendencies. With this in thoughts, we will contemplate optimistic estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Based mostly on our analysis, we imagine these estimate revisions are immediately associated…