Dominion Midstream Partners LP Reveals 28% Increase In Q2 Earnings

(RTTNews) - Dominion Midstream Partners LP (DM) reported a profit for its second quarter that advanced from last year.

The company said its bottom line rose to $22.5 million, or $0.28 per share. This was up from $17.6 million, or $0.26 per share, in last year's second quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 18.8% to $85.6 million. This was down from $105.4 million last year.

Dominion Midstream Partners LP earnings at a glance:

-Earnings (Q2): $22.5 Mln. vs. $17.6 Mln. last year. -Earnings Growth (Y-o-Y): 27.8% -EPS (Q2): $0.28 vs. $0.26 last year. -EPS Growth (Y-o-Y): 7.7% -Analysts Estimate: $0.29 -Revenue (Q2): $85.6 Mln vs. $105.4 Mln last year. -Revenue Change (Y-o-Y): -18.8%