Dominion Midstream Partners LP Q3 Profit Rises 35%

(RTTNews) - Dominion Midstream Partners LP (DM) released earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $24.3 million, or $0.30 per share. This was higher than $18.0 million, or $0.28 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 17.6% to $85.0 million. This was down from $103.1 million last year.

Dominion Midstream Partners LP earnings at a glance:

-Earnings (Q3): $24.3 Mln. vs. $18.0 Mln. last year. -Earnings Growth (Y-o-Y): 35.0% -EPS (Q3): $0.30 vs. $0.28 last year. -EPS Growth (Y-o-Y): 7.1% -Analysts Estimate: $0.29 -Revenue (Q3): $85.0 Mln vs. $103.1 Mln last year. -Revenue Change (Y-o-Y): -17.6%