Analysts predict that Transportadora de Gas del Sur SA ADR (NYSE:TGS) will report $0.24 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Transportadora de Gas del Sur’s earnings. Transportadora de Gas del Sur posted earnings of $0.56 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 57.1%. The business is scheduled to issue its next quarterly earnings results on Wednesday, May 8th.

According to Zacks, analysts expect that Transportadora de Gas del Sur will report full year earnings of $1.53 per share for the current year. For the next financial year, analysts expect that the firm will post earnings of $2.39 per share. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Transportadora de Gas del Sur.

Transportadora de Gas del Sur (NYSE:TGS) last released its quarterly earnings data on Thursday, March 7th. The energy company reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $1.07. Transportadora de Gas del Sur had a net margin of 35.44% and a return on equity of 76.25%. The company had revenue of $243.95 million during the quarter.

A number of research firms recently weighed in on TGS. ValuEngine lowered shares of Transportadora de Gas del Sur from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 4th. Zacks Investment Research lowered shares of Transportadora de Gas del Sur from a “buy” rating to a “hold” rating in a research report on Tuesday, March 12th. TheStreet raised shares of Transportadora de Gas del Sur from a “c+” rating to a “b-” rating in a research report on Wednesday, February 13th. Finally, Santander raised shares of Transportadora de Gas del Sur from a “hold” rating to a “buy” rating in a research report on Tuesday, February 26th.

NYSE:TGS traded up $0.48 during mid-day trading on Monday, reaching $12.60. The company’s stock had a trading volume of 256,629 shares, compared to its average volume of 241,942. Transportadora de Gas del Sur has a 1 year low of $10.72 and a 1 year high of $20.90. The firm has a market cap of $1.90 billion, a PE ratio of 6.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.24 and a quick ratio of 3.19.

Several hedge funds have recently added to or reduced their stakes in TGS. LSV Asset Management purchased a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at about $119,000. Legal & General Group Plc purchased a new stake in shares of Transportadora de Gas del Sur during the third quarter valued at about $267,000. Susquehanna Fundamental Investments LLC lifted its position in shares of Transportadora de Gas del Sur by 214.9% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 31,808 shares of the energy company’s stock valued at $477,000 after buying an additional 21,708 shares during the last quarter. Northern Trust Corp lifted its position in shares of Transportadora de Gas del Sur by 23.4% during the fourth quarter. Northern Trust Corp now owns 42,117 shares of the energy company’s stock valued at $632,000 after buying an additional 7,981 shares during the last quarter. Finally, Eaton Vance Management lifted its position in shares of Transportadora de Gas del Sur by 13.9% during the fourth quarter. Eaton Vance Management now owns 50,039 shares of the energy company’s stock valued at $751,000 after buying an additional 6,100 shares during the last quarter. 8.39% of the stock is owned by institutional investors and hedge funds.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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