Boardwalk Pipeline Partners, LP Q3 Earnings Rise 31%

(RTTNews) - Boardwalk Pipeline Partners, LP (BWP) released a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line totaled $38.3 million, or $0.15 per share. This was up from $29.2 million, or $0.12 per share, in last year's third quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.4% to $294.1 million. This was up from $278.9 million last year.

Boardwalk Pipeline Partners, LP earnings at a glance:

-Earnings (Q3): $38.3 Mln. vs. $29.2 Mln. last year. -Earnings Growth (Y-o-Y): 31.2% -EPS (Q3): $0.15 vs. $0.12 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: $0.14 -Revenue (Q3): $294.1 Mln vs. $278.9 Mln last year. -Revenue Change (Y-o-Y): 5.4%