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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Suburban Propane Partners Lp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)