Enterprise (EPD) Q1 Earnings and Revenues Top Estimates

Enterprise Products Partners LP’s (EPD) first-quarter 2024 adjusted earnings per limited partner unit of 66 cents beat the Zacks Consensus Estimate of 64 cents. The bottom line also increased from the year-ago quarter’s level of 64 cents.Total quarterly revenues of $14.8 billion topped the Zacks Consensus Estimate of$13.4 billion. The top line also improved from $12.4 billion reported in the prior-year quarter.The strong quarterly results can be attributed to increased operating margin of EPD’s fee-based b ...