Star Group, L.P. (SGU) Reports Q1 EPS of $0.49

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Star Group, L.P. Reports Fiscal 2020 First Quarter Results

February 3, 2020 4:15 PM EST

STAMFORD, Conn., Feb. 03, 2020 (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 2020 first quarter, the three month period ended December 31, 2019.

For the fiscal 2020 first quarter, Star reported a 4.9 percent decrease in total revenue to $508.9 million compared with revenue of $535.0 million in the prior-year period, primarily due to a 4.3 percent decline in total volume sold as well as lower wholesale per-gallon product costs.

The volume of home heating oil and... More