Investors are Digesting These 2 Financial Stock Earnings Insights
Rentech Nitrogen Partners LP (NYSE:RNF) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share increased 46.67% to $0.44 in the quarter versus EPS of $0.30 in the year-earlier quarter. Revenue Decreased 0% to $92.41 million from the year-earlier quarter.
Rentech Nitrogen Partners LP reported adjusted EPS income of $0.44 per share. By that measure, the company missed the mean analyst estimate of $0.55. It beat the average revenue estimate of $75.44 million.