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Enterprise Products Partners LP Profit Climbs In Q1

Enterprise Products Partners LP (EPD) revealed earnings for its first quarter that climbed from the same period last year.

The company's profit came in at $900.7 million, or $0.41 per share. This compares with $760.7 million, or $0.36 per share, in last year's first quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26.9% to $9.29 billion from $7.32 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q1): $900.7 Mln. vs. $760.7 Mln. last year.
-EPS (Q1): $0.41 vs. $0.36 last year.
-Analysts Estimate: $0.37
-Revenue (Q1): $9.29 Bln vs. $7.32 Bln last year.

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