Suburban Propane Partners: Q2 Earnings Insights

Suburban Propane Partners (NYSE:SPH) reported its Q2 earnings results on Thursday, May 4, 2023 at 07:30 AM. Here’s…

Suburban Propane Partners (NYSE:SPH) reported its Q2 earnings results on Thursday, May 4, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Suburban Propane Partners missed estimated earnings by 16.06%, reporting an EPS of $1.62 versus an estimate of $1.93.

Revenue was down $61.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18 which was followed by a 0.64% increase in the share price the next day.

Here’s a look at Suburban Propane Partners’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.53 -0.45
EPS Actual 0.71 -0.86 -0.04 2.74
Revenue Estimate 382.38M 219.69M 375.41M 375.41M
Revenue Actual 397.47M 237.63M 300.33M 588.10M

To track all earnings releases for Suburban Propane Partners visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Enphase Energy Q4 Performance: Revenue Shortfall, Subpar Outlook And More

Enphase Energy reported quarterly adjusted earnings of 54 cents per share which missed the analyst consensus estimate of 55 cents by 1.82% and is a 64.24% decrease over earnings of $1.51 per share from the same period last year. Quarterly sales clocked in at $302.57 million, missing the analyst consensus estimate of $328.25 million by 7.82% and representing a 58.25% decrease over sales of $724.65 million year-over-year.

ENPH