Energy Transfer EPS misses by $0.07, beats on revenue

Adjusted EBITDA for the three months ended June 30, 2021 was $2.62 billion ($2.63B consensus) compared to $2.44 billion for the three months ended June 30, 2020. The increase was largely driven by improved earnings from several of the Partnership’s core segments.

Distributable Cash Flow attributable to partners, as adjusted, for the three months ended June 30, 2021 was $1.39 billion compared to $1.27 billion for the three months ended June 30, 2020. The increase in distributable cash flow was primarily due to the higher Adjusted EBITDA.