Linn Energy, LLC (LINE) Posts Q2 Loss of 64c/Unit
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Linn Energy, LLC (NASDAQ: LINE) reported Q2 EPS of ($0.64), which may not compare with the analyst estimate of $0.41. Revenue for the quarter came in at $597 million versus the consensus estimate of $953.05 million.
EPS includes non-cash losses related to changes in fair value of unsettled commodity derivatives, including the reduction of put option premium value over time, of approximately $393 million, or $1.20 per unit.
For earnings history and earnings-related data on Linn Energy, LLC (LINE) click here.
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