Rentech Nitrogen Partners (RNF) Misses Q2 EPS by 2c; Boosts EBITDA, Distributable Cash Outlook
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Rentech Nitrogen Partners (NYSE: RNF) reported Q2 EPS of $1.08, $0.02 worse than the analyst estimate of $1.10. Revenue for the quarter came in at $70.6 million versus the consensus estimate of $77.12 million.
Rentech Nitrogen increased guidance for the twelve months ending December 31, 2012, stating that it expects cash available for distribution to be in excess of $126 million or $3.30 per unit, and EBITDA to be in excess of $130 million. This compares to the previous guidance of EBITDA in the range of $120 million and cash available for distribution in the range of $109 million, or $2.86 per unit.
For earnings history and earnings-related data on Rentech Nitrogen Partners (RNF) click here.
Rentech Nitrogen increased guidance for the twelve months ending December 31, 2012, stating that it expects cash available for distribution to be in excess of $126 million or $3.30 per unit, and EBITDA to be in excess of $130 million. This compares to the previous guidance of EBITDA in the range of $120 million and cash available for distribution in the range of $109 million, or $2.86 per unit.
For earnings history and earnings-related data on Rentech Nitrogen Partners (RNF) click here.
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