HOUSTON (AP) — HOUSTON (AP) — Enterprise Products Partners L.P. (EPD) on Thursday reported third-quarter profit of $1.62 billion.
The Houston-based company said it had net income of 75 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.
The provider of midstream energy services posted revenue of $17.95 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $15.35 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPD at https://www.zacks.com/ap/EPD
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
