NGL Earnings

NGL reported its earnings on 2026-02-03, showcasing a revenue of 909.82M against an estimate of 682.53M, resulting in a 33.3% surprise. The EPS was 0.1, surpassing the expected 0.16 by -37.5% . The stock experienced a -0.25% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following NGL's earnings announcement on 2026-02-03, the stock price moved by -0.25% on the day of the release. Over the subsequent five days, it saw a % change. Historically, NGL's stock price tends to shift by an average of -1.41% in the 10 days leading up to earnings and +6.61% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate NGL’s annual revenue to reach 700.76M, while the EPS is projected at . These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between NGL's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NGL's stock price typically moves by -1.41% in the 10 days before its earnings and +6.61% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of and revenue of 700.76M.

The earnings call indicates strong financial performance, particularly in the Water Solutions segment, with increased EBITDA and disposal volumes. The company also announced a significant share repurchase plan, reducing dilution. Despite some declines in other segments, the overall guidance is optimistic, with increased EBITDA projections and new growth projects. The Q&A section revealed strong long-term commitments and opportunities in water treatment, although management was vague on AI's financial impact. Given these factors, a positive stock price movement is likely in the short term.