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Enterprise Products Partners LP Reveals Advance In Q2 Bottom Line

Enterprise Products Partners LP (EPD) revealed a profit for its second quarter that advanced from the same period last year.

The company's earnings came in at $687.2 million, or $0.31 per share. This compares with $666.0 million, or $0.30 per share, in last year's second quarter.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.1% to $8.47 billion from $6.61 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q2): $687.2 Mln. vs. $666.0 Mln. last year.
-EPS (Q2): $0.31 vs. $0.30 last year.
-Analysts Estimate: $0.40
-Revenue (Q2): $8.47 Bln vs. $6.61 Bln last year.

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