Dominion Midstream Partners LP Profit Rises 96% In Q1

(RTTNews) - Dominion Midstream Partners LP (DM) revealed earnings for its first quarter that rose from last year.

The company said its bottom line came in at $23.1 million, or $0.29 per share. This was up from $11.8 million, or $0.19 per share, in last year's first quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.9% to $83.0 million. This was up from $78.4 million last year.

Dominion Midstream Partners LP earnings at a glance:

-Earnings (Q1): $23.1 Mln. vs. $11.8 Mln. last year. -Earnings Growth (Y-o-Y): 95.8% -EPS (Q1): $0.29 vs. $0.19 last year. -EPS Growth (Y-o-Y): 52.6% -Analysts Estimate: $0.31 -Revenue (Q1): $83.0 Mln vs. $78.4 Mln last year. -Revenue Change (Y-o-Y): 5.9%