Dominion Midstream Partners LP Earnings Rise 126% In Q1

(RTTNews) - Dominion Midstream Partners LP (DM) announced a profit for its first quarter that climbed from last year.

The company said its bottom line came in at $52.2 million, or $0.37 per share. This was higher than $23.1 million, or $0.29 per share, in last year's first quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 56.9% to $130.2 million. This was up from $83.0 million last year.

Dominion Midstream Partners LP earnings at a glance:

-Earnings (Q1): $52.2 Mln. vs. $23.1 Mln. last year. -Earnings Growth (Y-o-Y): 126.0% -EPS (Q1): $0.37 vs. $0.29 last year. -EPS Growth (Y-o-Y): 27.6% -Analysts Estimate: $0.34 -Revenue (Q1): $130.2 Mln vs. $83.0 Mln last year. -Revenue Change (Y-o-Y): 56.9%