TransMontaigne Partners (TLP) Misses Q1 EPS by 15c

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Go back to TransMontaigne Partners (TLP) Misses Q1 EPS by 15c

TransMontaigne Partners Announces First Quarter 2017 Results

May 9, 2017 8:29 AM EDT

Reported first quarter 2017 net earnings of $13.0 million compared to $8.7 million in the prior year first quarter Reported first quarter 2017 Consolidated EBITDA of $27.3 million compared to $24.1 million in the prior year first quarter Reported first quarter 2017 distributable cash flow of $23.5 million compared to $19.1 million in the prior year first quarter Reported first quarter 2017 distribution coverage of 1.61x and leverage of 2.9x Increased the distribution for the sixth consecutive quarter Achieved record levels of revenue, EBITDA and distributable... More