Southcross Energy Partners (SXE) Misses Q4 EPS by 8c

Southcross Energy Partners (NYSE: SXE) reported Q4 EPS of ($0.05), $0.08 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $222.58 million versus the consensus estimate of $254.4 million.

Updated Financial Guidance

Southcross expects that its Adjusted EBITDA for the first quarter of 2015 will be approximately $17.5 million to $19.5 million, which reflects an approximate $2.0 million impact related to the Gregory fire that temporarily reduced processed gas volumes and increased operating expenses during January and February 2015. Southcross anticipates that its growth capital expenditures for the full year 2015 will be in the range of $25 million to $30 million.

For earnings history and earnings-related data on Southcross Energy Partners (SXE) click here.

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