Enterprise Products Partners LP Announces Advance In Q3 Bottom Line

(RTTNews) - Enterprise Products Partners LP (EPD) reported a profit for its third quarter that advanced from last year.

The company's bottom line came in at $1313.2 million, or $0.60 per share. This compares with $610.9 million, or $0.28 per share, in last year's third quarter.

Analysts had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 39.2% to $9.59 billion from $6.89 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q3): $1313.2 Mln. vs. $610.9 Mln. last year. -EPS (Q3): $0.60 vs. $0.28 last year. -Analysts Estimate: $0.45 -Revenue (Q3): $9.59 Bln vs. $6.89 Bln last year.