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Enterprise

Enterprise Products: Q2 Earnings Snapshot


Enterprise Products Partners L.P. (EPD) on Wednesday reported second-quarter earnings of $1.41 billion.

On a per-share basis, the Houston-based company said it had net income of 64 cents.

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

The provider of midstream energy services posted revenue of $16.06 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $12.21 billion.

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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





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