Enterprise Products Partners LP (EPD) released earnings for its second quarter that Increases, from last year and beat the Street estimates.
The company's bottom line totaled $1.44 billion, or $0.66 per share. This compares with $1.41 billion, or $0.64 per share, last year.
Analysts on average had expected the company to earn $0.64 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 15.7% to $11.36 billion from $13.48 billion last year.
Enterprise Products Partners LP earnings at a glance (GAAP) :
-Earnings: $1.44 Bln. vs. $1.41 Bln. last year.-EPS: $0.66 vs. $0.64 last year.-Revenue: $11.36 Bln vs. $13.48 Bln last year.
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