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Stock impact report

Suburban Propane Partners, L.P. Announces Second Quarter Results [Yahoo! Finance]

Suburban Propane Partners, L.P. (SPH) 
Last suburban propane partners, l.p. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net income for the second quarter of fiscal 2024 was $111.5 million , or per Common Unit, compared to net income of $104.5 million , or per Common Unit, in the second quarter of fiscal 2023. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) for the second quarter of fiscal 2024 was $147.0 million , compared to $149.0 million in the prior year second quarter. In announcing these results, President and Chief Executive Officer, Michael A. Stivala said, "The fiscal 2024 second quarter was characterized by an inconsistent weather pattern and unseasonably warm weather across much of our operating footprint. With the exception of a short burst of extreme cold weather in mid-January, average temperatures were warmer than the prior year, which negatively impacted customer demand for heating purposes. In the markets where we experienced cooler weather compared to the prior year, such as the southeast, our volumes respon Show less Read more
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