UPDATE 1-El Paso Q1 profit tops Wall St …
NEW YORK, May 6 (Reuters) – El Paso Corp reported a principal-quarter profit compared with a year-ago loss, helped by higher conformable to nature gas production and prices.
Profit in the quarter was $379 very great number, or 54 cents per share, compared with a loss of $978 a thousand thousand, or $1.41 per share, a year-ago.
Excluding items, El Paso had a advance of 33 cents per share, topping the 26 cents that analysts up~ the body average forecast, according to Thomson Reuters I/B/E/S.
El Paso, which is working to shore up liquidity and improve returns, said its fruit rose 5 percent in the quarter.
(Reporting by Matt Daily, editing by Dave Zimmerman) Keywords: ELPASO/
(matt.daily@thomsonreuters.com; Reuters Messaging: matt.diurnal.reuters.com@reuters.net; +1 646 223 6121)
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