Star Gas Partners (SGU) Reports Q1 EPS of $0.04, Revenues Beat

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Go back to Star Gas Partners (SGU) Reports Q1 EPS of $0.04, Revenues Beat

Star Group, L.P. Reports Fiscal 2019 First Quarter Results

February 5, 2019 4:15 PM EST

STAMFORD, Conn., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE: SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2019 first quarter, the three month period ended December 31, 2018.

For the fiscal 2019 first quarter, Star reported a 22.5 percent increase in total revenue to $535.0 million compared with revenue of $436.8 million in the prior-year period, primarily due to a 15.8 percent increase in total volume sold as well as higher wholesale per-gallon product costs.

The volume of home heating oil and propane sold... More