Ciner Resources LP (CINR) Misses Q1 EPS by 7c
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Ciner Resources LP Announces First Quarter 2016 Financial Results
May 5, 2016 5:15 PM EDTATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (NYSE: CINR) today reported its financial and operating results for the first quarter ended March 31, 2016.
First Quarter 2016 Financial Highlights:
Net sales of $114.4 million decreased 5.0% over the prior-year first quarter; Adjusted EBITDA of $28.2 million decreased 14.5% over the prior-year first quarter; Earnings per unit of $0.51 for the quarter decreased 20.3% over the prior-year first quarter of $0.64; Quarterly distribution declared per unit of $0.564 increased by 4.8% over the prior-year first quarter; and 1.2% over fourth quarter 2015.... More