WASHINGTON (dpa-AFX) - Enterprise Products Partners LP (EPD) revealed earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $1.393 billion, or $0.64 per share. This compares with $1.456 billion, or $0.66 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 rose 4.5% to $15.417 billion from $14.760 billion last year.
Enterprise Products Partners LP earnings at a glance (GAAP) :
-Earnings: $1.393 Bln. vs. $1.456 Bln. last year. -EPS: $0.64 vs. $0.66 last year. -Revenue: $15.417 Bln vs. $14.760 Bln last year.
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