Martin Midstream Partners (MMLP) Scheduled to Post Quarterly Earnings on Wednesday

Martin Midstream Partners (NASDAQ:MMLPGet Free Report) is set to release its earnings data after the market closes on Wednesday, July 17th. Analysts expect Martin Midstream Partners to post earnings of $0.08 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Martin Midstream Partners (NASDAQ:MMLPGet Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The pipeline company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. Martin Midstream Partners had a net margin of 0.52% and a negative return on equity of 5.98%. The company had revenue of $180.83 million during the quarter, compared to the consensus estimate of $198.80 million. On average, analysts expect Martin Midstream Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Martin Midstream Partners Stock Performance

Shares of MMLP opened at $3.25 on Wednesday. Martin Midstream Partners has a 1 year low of $1.98 and a 1 year high of $3.42. The firm has a fifty day moving average of $3.14 and a 200-day moving average of $2.71. The company has a market cap of $126.75 million, a price-to-earnings ratio of 36.12 and a beta of 2.21.

Martin Midstream Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Wednesday, May 8th were paid a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend was Tuesday, May 7th. Martin Midstream Partners’s dividend payout ratio is currently 22.22%.

Wall Street Analyst Weigh In

Separately, initiated coverage on shares of Martin Midstream Partners in a research report on Wednesday, April 17th. They issued a “strong-buy” rating on the stock.

Read Our Latest Report on Martin Midstream Partners

About Martin Midstream Partners

(Get Free Report)

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.

See Also

Earnings History for Martin Midstream Partners (NASDAQ:MMLP)

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