06.11.2014 01:59:42

Energy Transfer Partners Q3 Profit Down

(RTTNews) - Energy Transfer Partners, L.P. (ETP) reported that its third-quarter common unitholders' interest in net income dropped to $148 million or $0.44 per unit from $209 million or $0.55 per unit in the previous year.

Adjusted EBITDA totaled $1.17 billion, an increase of $230 million over the same period last year.

Revenues for the quarter grew to $13.618 billion from $11.902 billion last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share and revenues of $13.43 billion for the quarter. Analysts' estimates typically exclude special items.

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