Linn Energy, LLC (LINE) Earnings Preview For Thursday
Linn Energy, LLC (NASDAQ:LINE) will be releasing last fiscal quarter's results before the opening bell on February 23, 2012. We can review how Linn Energy, LLC has executed for investors recently.
Who They Are:
Linn Energy, LLC, an independent oil and natural gas company, engages in the development and acquisition of oil and gas properties in the United States. The company was founded in 2003 and is headquartered in Houston, Texas. Lin Energy Llc trades an average of 1.2 million shares per day and has a marketcap of $6.5 Billion.
52 Week High: $41.13
52 Week Low: $31.03
Book Value: $21.00
Float Short: 0.51%
What To Expect:
Analysts are expecting an improvement of $0.06 in earnings per share compared to last quarter's results of $0.44. A surprise above $0.50 per share will top the estimated per share earnings.
Analyst estimates range between $0.45 and $0.67 per share.
Here is a look at the fiscal year revenue for Linn Energy, LLC. 
Recent Stock and Valuation Performance:
Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 21.4, while the forward P/E ratio is now 16.79. It appears based on the lower PE that investors are pricing in less growth.
From a month ago, the stock has increased in price 0.27%, and changing from last year at this time -4.64%.
When comparing to the S&P 500, the year to date difference is -9.92%.
The company has rising revenue year-over-year of $772.28 million for 2010 vs. $273.15 million for 2009. The bottom line has rising earnings year-over-year of $-114.29 million for 2010 vs. $-298.19 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $165.07 million for 2010 vs. $-202.95 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 0.51%.
Here is the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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