Crestwood Equity Partners Reports Q3 Profit - Quick Facts

(RTTNews) - Crestwood Equity Partners LP (CEQP) reported third-quarter net income attributable to company of $2.8 million, compared to a loss of $8.3 million, a year ago. Net income per limited partner unit was $0.02, compared to a loss of $0.05 per unit prior year. Adjusted EBITDA increased to $128.9 million from $99.9 million, a year ago.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.07 for the quarter. Analysts' estimates typically exclude special items.

Revenues were $1.04 billion, compared to $427.2 million, a year ago. Analysts expected revenue of $1.07 billion for the quarter.