Enterprise Products Partners LP Earnings Advance In Q3

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

The company's profit totaled $1.05 billion, or $0.48 per share. This compares with $1.02 billion, or $0.46 per share, in last year's third quarter.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 13.1% to $6.92 billion from $7.96 billion last year.

Enterprise Products Partners LP earnings at a glance:

-Earnings (Q3): $1.05 Bln. vs. $1.02 Bln. last year. -EPS (Q3): $0.48 vs. $0.46 last year. -Analysts Estimate: $0.48 -Revenue (Q3): $6.92 Bln vs. $7.96 Bln last year.