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Enterprise Products Partners LP Profit Advances In Q2

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

The company's profit totaled $1.21 billion, or $0.55 per share. This compares with $0.67 billion, or $0.31 per share, in last year's second quarter.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.2% to $8.28 billion from $8.47 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q2): $1.21 Bln. vs. $0.67 Bln. last year.
-EPS (Q2): $0.55 vs. $0.31 last year.
-Analysts Estimate: $0.51
-Revenue (Q2): $8.28 Bln vs. $8.47 Bln last year.

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