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

Go back to Suburban Propane Partners, L.P. Announces Third Quarter Results

Suburban Propane Partners (SPH) Tops Q3 EPS by 32c, Revenues Beat

August 6, 2020 7:46 AM EDT

Suburban Propane Partners (NYSE: SPH) reported Q3 EPS of ($0.25), $0.32 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $206.91 million versus the consensus estimate of $169.49 million.

In announcing these results, President and Chief Executive Officer Michael A. Stivala said, "The financial results for the fiscal 2020 third quarter were exceptionally strong for Suburban Propane representing the highest level of Adjusted EBITDA for any third quarter in our history. Our operating personnel demonstrated... More