Suburban Propane Partners (SPH) Misses Q2 EPS Views

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Suburban Propane Partners, L.P. Announces Second Quarter Earnings

May 5, 2016 7:30 AM EDT

WHIPPANY, N.J., May 5, 2016 /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 earnings for its second quarter ended March 26, 2016.

Net income for the second quarter of fiscal 2016 was $92.0 million, or $1.51 per Common Unit, compared to net income of $136.6 million, or $2.26 per Common Unit, in the prior year second quarter.

Net income and EBITDA for the second quarter of fiscal 2016 included a loss on debt... More