Alon USA Partners (ALDW) Misses Q4 EPS by 9c

Alon USA Partners (NYSE: ALDW) reported Q4 EPS of $0.12, $0.09 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $437.87 million versus the consensus estimate of $440.96 million.

Paul Eisman, President and CEO, commented, "While our fourth quarter results were negatively impacted by weakness in crack spreads, crude differentials and operational issues in our alkylation unit, we are pleased with our financial and operating results for 2015. Improved operational performance after the 2014 turnaround and lower capital expenditures resulted in increased cash available for distribution despite weaker market conditions. Based on our 2015 performance, the Partnership generated cash available for distribution of $2.81 per unit. This compares to $2.54 per unit in 2014.

For earnings history and earnings-related data on Alon USA Partners (ALDW) click here.

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