Enterprise Products Partners (EPD) reported Q1 earnings Tuesday of $0.64 per diluted unit, down from $0.66 year earlier.
Four analysts polled by FactSet expected $0.73.
Revenue for the quarter ended March 31 was $15.42 billion compared with $14.76 billion a year earlier.
Analysts surveyed by FactSet expected $14 billion.
Shares were down more than 1% in premarket activity.