Suburban Propane Partners LP expected to post a loss of 42 cents a share - Earnings Preview

Suburban Propane Partners

03/08/2021 15:26

* Suburban Propane Partners LP  SPH.N   SPH  is expected to show
a rise in quarterly revenue when it reports results on August
5. 
* The Whippany, New Jersey-based company is expected to report 
 a 5.7% increase in revenue to $218.618 million from $206.91
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Suburban Propane
Partners LP is for a loss of 42 cents per share. For the same
quarter last year, the company reported a loss of 24 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Suburban
Propane Partners LP is $18​, about 11.7% above​ its last closing
price of $15.90. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.73        1.74       2.02      Beat    16.4
 Dec. 31 2020  0.56        0.56       0.61      Beat    9.9
 Sep. 30 2020  -0.76       -0.76      -0.66     Beat    13.2​
 Jun. 30 2020  -0.57       -0.57      -0.24     Beat    57.9
 Mar.          1.64​       1.63       1.23      Missed  -24.7​
 31​ 2020​                                              
 Dec. 31 2019  0.65        0.69       0.64      Missed  -6.9​
 Sep. 30 2019  -0.80       -0.80      -0.82     Missed  -2.1
 Jun. 30 2019  -0.41       -0.42      -0.47     Missed  -11.9
 This summary was machine generated August 3 at 14:26 GMT.  All
figures in US dollars unless otherwise stated