Enterprise Products Partners LP Profit Climbs In Q1

(RTTNews) - Enterprise Products Partners LP (EPD) revealed earnings for its first quarter that climbed from the same period last year.

The company's profit came in at $900.7 million, or $0.41 per share. This compares with $760.7 million, or $0.36 per share, in last year's first quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 26.9% to $9.29 billion from $7.32 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q1): $900.7 Mln. vs. $760.7 Mln. last year. -EPS (Q1): $0.41 vs. $0.36 last year. -Analysts Estimate: $0.37 -Revenue (Q1): $9.29 Bln vs. $7.32 Bln last year.