NEW YORK (Thomson Financial) - Magellan Midstream Holdings L.P. Tuesday
reported first-quarter net income of $17.6 million, or 29 cents per limited
partnership unit, beating the mean estimate of analysts polled by Thomson
Reuters for profit of 25 cents per unit.
Total revenue rose to $346.7 million from $292.2 million a year earlier,
topping Wall Street's $305.2 million estimate.
Magellan shares closed at $24.45 on Monday.
Christie Rizk
cr/pc
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