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Shares of Suburban Propane Partners (NYSE:SPH) fell 4.4% after the company reported Q2 results.
Quarterly Results
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Earnings per share decreased 36.60% over the past year to $1.23, which missed the estimate of $1.63.
Revenue of $401,055,000 less by 20.49% year over year, which beat the estimate of $378,820,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Date: May 07, 2020
Time: 09:04 PM ET
Webcast URL: https://investor.suburbanpropane.com/index.php?s=19#future:2020:5
Price Action
Company's 52-week high was at $24.89
52-week low: $8.64
Price action over last quarter: down 38.43%
Company Description
Suburban Propane Partners distributes propane, fuel oil, and other refined fuels to about 1 million customers, primarily in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.