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

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Suburban Propane Partners (SPH) Tops Q2 EPS by 29c, Revenues Beat

May 6, 2021 7:37 AM EDT

Suburban Propane Partners (NYSE: SPH) reported Q2 EPS of $2.02, $0.29 better than the analyst estimate of $1.73. Revenue for the quarter came in at $537.24 million versus the consensus estimate of $431.89 million.

In announcing these results, President and Chief Executive Officer Michael A. Stivala said, "The fiscal 2021 second quarter presented some of the most sustained and widespread cold weather that our service territories have experienced since 2015. As a result, propane volumes increased more than 16% compared to the prior year... More