Suburban Propane Partners L P (SPH) Posts Q4 Loss of $1.11/Share

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Suburban Propane Partners, L.P. Announces Full Year and Fourth Quarter Results

November 12, 2015 7:30 AM EST

WHIPPANY, N.J., Nov. 12, 2015 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced results for its full year and fourth quarter ended September 26, 2015.

Fiscal Year 2015 Results

Net income for fiscal 2015 was $84.4 million, or $1.39 per Common Unit, compared to $94.5 million, or $1.56 per Common Unit, in fiscal 2014.

Net income and EBITDA (as defined and reconciled below) for fiscal 2015 included: (i) a loss on debt extinguishment of... More