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Enterprise Products Partners LP Reports Rise In Q1 Bottom Line

Enterprise Products Partners LP (EPD) revealed earnings for its first quarter that rose from last year.

The company's bottom line totaled $1.26 billion, or $0.57 per share. This compares with $0.90 billion, or $0.41 per share, in last year's first quarter.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.2% to $8.54 billion from $9.30 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q1): $1.26 Bln. vs. $0.90 Bln. last year.
-EPS (Q1): $0.57 vs. $0.41 last year.
-Analysts Estimate: $0.48
-Revenue (Q1): $8.54 Bln vs. $9.30 Bln last year.

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