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Enterprise Products Partners LP Bottom Line Advances In Q4

Enterprise Products Partners LP (EPD) announced earnings for its fourth quarter that advanced from the same period last year.

The company's profit came in at $1.31 billion, or $0.59 per share. This compares with $797.3 million, or $0.36 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.5 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.9% to $9.18 billion from $8.43 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q4): $1.31 Bln. vs. $797.3 Mln. last year.
-EPS (Q4): $0.59 vs. $0.36 last year.
-Analysts Estimate: $0.5
-Revenue (Q4): $9.18 Bln vs. $8.43 Bln last year.

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