Pioneer Southwest Energy Partners Earnings: Everything You Must Know Now

Pioneer Southwest Energy Partners L.P. (NYSE:PSE) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Pioneer Southwest Energy Partners L.P. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 25.81% to $0.46 in the quarter versus EPS of $0.62 in the year-earlier quarter.

Revenue: Decreased 6.01% to $47.66 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Pioneer Southwest Energy Partners L.P. reported adjusted EPS income of $0.46 per share. By that measure, the company missed the mean analyst estimate of $0.49. It beat the average revenue estimate of $45.41 million.

Quoting Management: There was no comment from management.

Key Stats (on next page)…

Revenue decreased 5.55% from $50.46 million in the previous quarter. EPS decreased 8% from $0.50 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.53 and has not changed. For the current year, the average estimate is a profit of $2.15, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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