Enterprise Products: 3Q Earnings Snapshot – Midland Daily News


Updated

HOUSTON (AP) _ Enterprise Products Partners L.P. (EPD) on Wednesday reported third-quarter earnings of $1.05 billion.

The Houston-based company said it had profit of 48 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 48 cents per share.

The provider of midstream energy services posted revenue of $6.92 billion in the period.

Enterprise Products shares have fallen 39% since the beginning of the year. The stock has dropped 36% in the last 12 months.

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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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