Green Plains Partners LP (GPP) Misses Q1 EPS by 3c

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Green Plains Partners Reports First Quarter 2017 Financial Results

May 1, 2017 5:16 PM EDT

Net income of $15.0 million, or $0.46 per common unitQuarterly cash distribution increased 1.0 cent to $0.44 per unitAdjusted EBITDA of $17.6 million and distributable cash flow of $16.2 million, LTM distribution coverage ratio of 1.19x

OMAHA, Neb., May 01, 2017 (GLOBE NEWSWIRE) -- Green Plains Partners LP (NASDAQ: GPP) today announced financial and operating results for the first quarter of 2017. Net income was $15.0 million, or $0.46 per common unit, for the first quarter of 2017 compared with $12.2 million, or $0.38 per common unit, for the same period in 2016. The partnership reported adjusted EBITDA of $17.6 million and distributable... More