Boardwalk Pipeline Partners, LP Bottom Line Falls In Q1

(RTTNews) - Boardwalk Pipeline Partners, LP (BWP) revealed a profit for first quarter that decreased from last year.

The company's earnings came in at $97.2 million, or $0.38 per share. This compares with $119.3 million, or $0.47 per share, in last year's first quarter.

Analysts had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.6% to $335.4 million from $367.0 million last year.

Boardwalk Pipeline Partners, LP earnings at a glance:

-Earnings (Q1): $97.2 Mln. vs. $119.3 Mln. last year. -EPS (Q1): $0.38 vs. $0.47 last year. -Analysts Estimate: $0.39 -Revenue (Q1): $335.4 Mln vs. $367.0 Mln last year.