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Enterprise Products: Q3 Earnings Snapshot
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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.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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