Enterprise Products Partners LP (EPD) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $1.633 billion, or $0.74 per share. This compares with $1.602 billion, or $0.72 per share, last year.
Analysts on average had expected the company to earn $0.71 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.9% to $14.201 billion from $14.622 billion last year.
Enterprise Products Partners LP earnings at a glance (GAAP) :
-Earnings: $1.633 Bln. vs. $1.602 Bln. last year.
-EPS: $0.74 vs. $0.72 last year.
-Revenue: $14.201 Bln vs. $14.622 Bln last year.
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