Noble Midstream Partners LP Q1 Income Rises

(RTTNews) - Noble Midstream Partners LP (NBLX) released earnings for its first quarter that rose from last year.

The company's earnings totaled $39.14 million, or $0.97 per share. This compares with $34.52 million, or $0.77 per share, in last year's first quarter.

Analysts had expected the company to earn $1.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 94.3% to $97.73 million from $50.31 million last year.

Noble Midstream Partners LP earnings at a glance:

-Earnings (Q1): $39.14 Mln. vs. $34.52 Mln. last year. -EPS (Q1): $0.97 vs. $0.77 last year. -Analysts Estimate: $1.14 -Revenue (Q1): $97.73 Mln vs. $50.31 Mln last year.