Boardwalk Pipeline Partners, LP Reveals 34% Increase In Q4 Earnings

(RTTNews) - Boardwalk Pipeline Partners, LP (BWP) revealed earnings for its fourth quarter that climbed from last year.

The company said its bottom line rose to $88.2 million, or $0.35 per share. This was up from $65.6 million, or $0.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.9% to $352.6 million. This was up from $326.8 million last year.

Boardwalk Pipeline Partners, LP earnings at a glance:

-Earnings (Q4): $88.2 Mln. vs. $65.6 Mln. last year. -Earnings Growth (Y-o-Y): 34.5% -EPS (Q4): $0.35 vs. $0.26 last year. -EPS Growth (Y-o-Y): 34.6% -Analysts Estimate: $0.30 -Revenue (Q4): $352.6 Mln vs. $326.8 Mln last year. -Revenue Change (Y-o-Y): 7.9%