DCP Midstream, LP (DCP) Misses Q2 EPS by 16c

DCP Midstream, LP (NYSE: DCP) reported Q2 EPS of $0.08, $0.16 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.4 billion.

GUIDANCE:

Updated 2018 guidance ranges to $345-$390 million forecasted net income, $1,065-$1,135 million forecasted adjusted EBITDA and $635-$670 million forecasted distributable cash flow, increasing the low end and midpoint of these ranges.

For earnings history and earnings-related data on DCP Midstream, LP (DCP) click here.

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