HOUSTON (AP) — HOUSTON (AP) — Enterprise Products Partners L.P. (EPD) on Tuesday reported first-quarter earnings of $1.48 billion.
The Houston-based company said it had net income of 68 cents per share.
The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The provider of midstream energy services posted revenue of $14.39 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $13.19 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