Natural Resource Partners (NRP) Tops Q4 EPS by 58c, Revenues Beat
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Depreciation, depletion and amortization: 11.93M
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Natural Resource Partners (NYSE: NRP) reported Q4 EPS of $0.56, $0.58 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $39.17 million versus the consensus estimate of $34 million.
"While 2020 proved to be a challenging year for us all, I'm proud of the efforts and discipline of our team as they managed the business safely and effectively over the course of the year. We paid down $46 million of debt in 2020 and ended the year with $200 million of liquidity. As we look to 2021, demand for steel, energy and soda ash continues to improve and we continue to focus on maximizing unitholder value by de-levering the capital structure while maintaining strong liquidity during these uncertain times," stated Craig Nunez, NRP's President and Chief Operating Officer.
For earnings history and earnings-related data on Natural Resource Partners (NRP) click here.
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