StoneMor Partners L.P. Reports Third Quarter Financial Results

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Stonemor Partners (STON) Reports Q3 Loss of $1.09

November 7, 2019 5:14 PM EST

Stonemor Partners (NYSE: STON) reported Q3 EPS of ($1.09), versus $0.45 reported last year. Revenue for the quarter came in at $73.2 million versus the consensus estimate of $85.58 million.

Quarterly Summary

Revenues for the three months ended September 30, 2019 were $73.2 million compared to $73.2 million in the prior year period.Cemetery segment income for the three months ended September 30, 2019 was $4.2 million compared to $2.1 million in the prior year period, representing an improvement of$2.1 million.Funeral home segment income for the three months ended September 30, 2019 was $1.1 million compared to $1.0... More