Buckeye Partners, L.P. Reports First Quarter 2017 Financial Results

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Go back to Buckeye Partners, L.P. Reports First Quarter 2017 Financial Results

Buckeye Partners (BPL) Misses Q1 EPS by 15c, Revenues Beat

May 5, 2017 6:31 AM EDT

Buckeye Partners (NYSE: BPL) reported Q1 EPS of $0.88, $0.15 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $969.27 million versus the consensus estimate of $860.93 million.

We are pleased to announce another quarter of improved financial results, said Clark C. Smith, Chairman, President and Chief Executive Officer. Our Global Marine Terminals segment reported a contribution for the first time from our recent acquisition of a 50% equity interest in VTTI that closed... More