Enterprise Products Partners LP Announces 2% Decline In Q3 Bottom Line

(RTTNews) - Enterprise Products Partners LP (EPD) reported a profit for third quarter that lost ground from last year.

The company said its bottom line came in at $643.1 million, or $0.30 per share. This was down from $658.3 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.2% to $5.92 billion. This was down from $6.31 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q3): $643.1 Mln. vs. $658.3 Mln. last year. -Earnings Decline (Y-o-Y): -2.3% -EPS (Q3): $0.30 vs. $0.32 last year. -EPS Decline (Y-o-Y): -6.2% -Analysts Estimate: $0.30 -Revenue (Q3): $5.92 Bln vs. $6.31 Bln last year. -Revenue Change (Y-o-Y): -6.2%