Suburban Propane Partners L P (SPH) Posts Q4 Loss of $1.11/Share
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Suburban Propane Partners L P (NYSE: SPH) reported Q4 EPS of ($1.11), $0.36 worse than the analyst estimate of ($0.75). Revenue for the quarter came in at $174.3 million versus the consensus estimate of $200.77 million.
Net loss and EBITDA for the fourth quarter of fiscal 2015 included: (i) an $11.3 million charge related to the Partnership's voluntary partial withdrawal from a multi-employer pension plan covering certain employees acquired in the Inergy Propane acquisition; (ii) $6.4 million in expenses related to the integration of Inergy Propane; and (iii) the pension settlement charge of $2.0 million.
For earnings history and earnings-related data on Suburban Propane Partners L P (SPH) click here.
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