Southcross Energy Partners (SXE) Misses Q1 EPS by 24c

Southcross Energy Partners (NYSE: SXE) reported Q1 EPS of ($0.21), $0.24 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $180.55 million versus the consensus estimate of $246.5 million.

Updated Financial Guidance

Southcross expects its Adjusted EBITDA for the second quarter of 2015 will be approximately $17 million to $20 million reflecting some continuing financial impact from restoring the Gregory facility to full capacity and relatively flat rich gas volumes on its system compared to first quarter 2015 volumes.

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

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