Hi-Crush Partners (HCLP ) Tops Q3 EPS by 15c
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Hi-Crush Partners (NYSE: HCLP ) reported Q3 EPS of $1.00, $0.15 better than the analyst estimate of $0.85. Revenue for the quarter came in at $102 million versus the consensus estimate of $92.05 million.
The Partnership reported earnings before interest, taxes and depreciation and amortization ("EBITDA") of $43.9 million for the third quarter of 2014. Distributable cash flow of $32.3 million attributable to the common and subordinated unitholders for the third quarter of 2014 corresponds to distribution coverage of 1.40 times the $23.1 million in distributions to be paid to common and subordinated unitholders on November 14, 2014.
For earnings history and earnings-related data on Hi-Crush Partners (HCLP ) click here.
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