Boardwalk Pipeline Partners, LP Reports Decline In Q4 Bottom Line

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

The company said its bottom line dropped to $84.2 million, or $0.33 per share. This was lower than $88.2 million, or $0.35 per share, in last year's fourth quarter.

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

The company said revenue for the quarter fell 4.3% to $337.5 million. This was down from $352.6 million last year.

Boardwalk Pipeline Partners, LP earnings at a glance:

-Earnings (Q4): $84.2 Mln. vs. $88.2 Mln. last year. -Earnings Decline (Y-o-Y): -4.5% -EPS (Q4): $0.33 vs. $0.35 last year. -EPS Decline (Y-o-Y): -5.7% -Analysts Estimate: $0.39 -Revenue (Q4): $337.5 Mln vs. $352.6 Mln last year. -Revenue Change (Y-o-Y): -4.3%