Ferrellgas Partners (FGP) Tops Q4 EPS by 1c, Revenues Miss

Ferrellgas Partners (NYSE: FGP) reported Q4 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $479.63 million versus the consensus estimate of $507.02 million.

• Total Retail propane sales volume for the quarter increased approximately 8 percent leading to almost 7 percent increase in gross margin dollars over the prior year on weather that was approximately 1 percent colder than the prior year
• Retail customer growth of nearly 26,000, or 4 percent over prior year
• Tank Exchange sale locations now exceed 54,300, up 600 locations from last quarter and 6 percent compared to prior year.

For earnings history and earnings-related data on Ferrellgas Partners (FGP) click here.

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