Enterprise Products: Q3 Earnings Snapshot

We may earn a commission from links on this page.

HOUSTON (AP) — HOUSTON (AP) — Enterprise Products Partners L.P. (EPD) on Tuesday reported third-quarter net income of $1.32 billion.

The Houston-based company said it had net income of 60 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The provider of midstream energy services posted revenue of $12 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $12.34 billion.

Advertisement

_____

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

Advertisement