Dominion Midstream Partners LP Announces 16% Gain In Q2 Bottom Line

(RTTNews) - Dominion Midstream Partners LP (DM) reported a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $10.4 million, or $0.33 per share. This was up from $9.0 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 35.2% to $115.7 million. This was up from $85.6 million last year.

Dominion Midstream Partners LP earnings at a glance:

-Earnings (Q2): $10.4 Mln. vs. $9.0 Mln. last year. -Earnings Growth (Y-o-Y): 15.6% -EPS (Q2): $0.33 vs. $0.28 last year. -EPS Growth (Y-o-Y): 17.9% -Analysts Estimate: $0.32 -Revenue (Q2): $115.7 Mln vs. $85.6 Mln last year. -Revenue Change (Y-o-Y): 35.2%