Sunoco (SUN) Tops Q1 EPS by 52c, Revenues Beat

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Go back to Sunoco (SUN) Tops Q1 EPS by 52c, Revenues Beat

Sunoco LP Announces First Quarter Financial and Operating Results

May 8, 2019 4:35 PM EDT

DALLAS, May 8, 2019 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three-month period ended March 31, 2019.

Net income was $109 million versus net loss of $315 million in the first quarter of 2018. Results include a non-cash $47 million write-down on assets held for sale offset by $93 million of non-cash inventory adjustments.

Adjusted EBITDA(1) totaled $153 million compared with $109... More