Rentech Nitrogen Partners (RNF) Misses Q2 EPS by 2c; Boosts EBITDA, Distributable Cash Outlook
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Rentech Nitrogen Partners (NYSE: RNF) reported Q2 EPS of $1.08, $0.02 worse than the analyst estimate of $1.10. Revenue for the quarter came in at $70.6 million versus the consensus estimate of $77.12 million.
Rentech Nitrogen increased guidance for the twelve months ending December 31, 2012, stating that it expects cash available for distribution to be in excess of $126 million or $3.30 per unit, and EBITDA to be in excess of $130 million. This compares to the previous guidance of EBITDA in the range of $120 million and cash available for distribution in the range of $109 million, or $2.86 per unit.
For earnings history and earnings-related data on Rentech Nitrogen Partners (RNF) click here.
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Rentech Nitrogen increased guidance for the twelve months ending December 31, 2012, stating that it expects cash available for distribution to be in excess of $126 million or $3.30 per unit, and EBITDA to be in excess of $130 million. This compares to the previous guidance of EBITDA in the range of $120 million and cash available for distribution in the range of $109 million, or $2.86 per unit.
For earnings history and earnings-related data on Rentech Nitrogen Partners (RNF) click here.
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