Boardwalk Pipeline Partners, LP Reports 78% Increase In Q4 Profit

(RTTNews) - Boardwalk Pipeline Partners, LP (BWP) reported earnings for its fourth quarter that climbed from last year.

The company said its bottom line climbed to $65.6 million, or $0.26 per share. This was higher than $36.8 million, or $0.15 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 7.3% to $326.8 million. This was up from $304.6 million last year.

Boardwalk Pipeline Partners, LP earnings at a glance:

-Earnings (Q4): $65.6 Mln. vs. $36.8 Mln. last year. -Earnings Growth (Y-o-Y): 78.3% -EPS (Q4): $0.26 vs. $0.15 last year. -EPS Growth (Y-o-Y): 73.3% -Revenue (Q4): $326.8 Mln vs. $304.6 Mln last year. -Revenue Change (Y-o-Y): 7.3%