Suburban Propane Partners (SPH) Tops Q2 EPS by 12c, Revenues Miss

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Go back to Suburban Propane Partners (SPH) Tops Q2 EPS by 12c, Revenues Miss

Suburban Propane Partners, L.P. Announces Second Quarter Results

May 9, 2019 7:30 AM EDT

WHIPPANY, N.J., May 9, 2019 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced earnings for its second quarter ended March 30, 2019.

Net income for the second quarter of fiscal 2019 was $121.0 million, or $1.96 per Common Unit, compared to net income of $106.8 million, or $1.74 per Common Unit, in the prior year second quarter. Adjusted EBITDA (as defined and reconciled below) increased to $163.0 million for the second quarter of... More