Buckeye Partners, L.P. BPLreported first-quarter 2018 earnings of 74 cents per unit, lagging the Zacks Consensus Estimate of 77 cents by 3.9%. Earnings were also lower than the year-ago figure of 88 cents by nearly 15.9%.
Total Revenues
In the quarter under review, Buckeye Partners’ total revenues came in at $1,183.
Total revenues were up 22.1% year over year, owing to better performance of the Merchant Services and Domestic Pipelines & Terminals segment.