Suburban Propane Partners Lp Earnings Preview: Can This Streak Finally End?
Suburban Propane Partners Lp (NYSE:SPH) will report earnings before markets open on Thursday, May 9th. Suburban Propane Partners, L.P. is a retail propane gas marketer that serves residential, commercial, industrial, and agricultural customers through service centers.
Here is your Cheat Sheet to Suburban Propane Partners Lp Earnings:
Earnings Expectations: Analysts expect earnings of $2.53 per share on revenues of $695.85 million. Currently, the company’s P/E ratio stands at 56.87.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.57 to a loss $0.6. For the current year, the average estimate is a profit of $2.27, which is worse than the estimate ninety days ago.
Here’s how Suburban Propane Partners Lp has been performing on an annual basis:
|Revenue ($) in millions||1,574||1,143||1,137||1,191||1,063|
|Diluted EPS ($)||4.70||4.96||3.24||3.22||0.05|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||299.89||357.63||179.60||226.34||490.70|
|Diluted EPS ($)||0.65||1.38||-0.26||-1.269||1.04|
Suburban Propane Partners Lp has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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