Stonemor Partners (STON) Misses Q4 EPS by 14c

Go back to Stonemor Partners (STON) Misses Q4 EPS by 14c

StoneMor Partners L.P. Reports Operating and Financial Results for the Fourth Quarter and Full Year 2015

February 29, 2016 7:01 AM EST

Adjusted EBITDA, a non-GAAP measure, was $26.5 million(1) for the 4th quarter 2015,  an increase of over 15% compared with the prior year 4th quarter.  Calendar year 2015 Adjusted EBITDA was $98.2 million, an increase of almost 8% compared with the prior yearGenerated Distributable Available Cash, a non-GAAP measure, of $30.5 million(1) for the 4th quarter 2015 and $83.0 million for calendar year 2015Declared a quarterly cash distribution of $0.66 per limited partner unit for the 4th quarter 2015, a 5% increase over the prior year 4th quarter.  Calendar year 2015 cash distributions were $2.61 per limited partner unit, a 6%... More