NuStar Energy L.P. (NS) Misses Q2 EPS by 19c
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Financial Fact:
Total costs and expenses: 353.46M
Today's EPS Names:
ELWT, CAAP, RNW, More
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NuStar Energy L.P. (NYSE: NS) reported Q2 EPS of ($0.06), $0.19 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $339.5 million versus the consensus estimate of $363.67 million.
The following is a reconciliation of net loss to EBITDA to adjusted EBITDA.
|
| Projected for the Year Ended | |
Net loss |
| $ (75,000 - 35,000) | |
Interest expense, net |
| 225,000 - 240,000 | |
Income tax expense |
| 5,000 - 10,000 | |
Depreciation and amortization expense |
| 285,000 - 295,000 | |
EBITDA |
| 440,000 - 510,000 | |
Goodwill impairment loss (a) |
| 225,000 | |
Adjusted EBITDA |
| $ 665,000 - 735,000 | |
(a) | Represents a non-cash goodwill impairment charge related to our crude oil pipelines reporting unit. |
For earnings history and earnings-related data on NuStar Energy L.P. (NS) click here.
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