Suburban Propane Partners LP (SPH, Financial) is set to release its Q4 2024 earnings on Nov 14, 2024. The consensus estimate for Q4 2024 revenue is $233 million, and the earnings are expected to come in at -$0.48 per share. The full year 2024's revenue is expected to be $1.34 billion and the earnings are expected to be $1.43 per share. More detailed estimate data can be found on the Forecast page.
Suburban Propane Partners LP (SPH, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Suburban Propane Partners LP (SPH) for the full year 2024 have increased from $1.32 billion to $1.34 billion. However, the estimates for 2025 have declined from $1.27 billion to $1.26 billion. Earnings estimates for the full year 2024 have declined from $1.72 per share to $1.43 per share, and for 2025, they have decreased from $2.33 per share to $2.23 per share.
Suburban Propane Partners LP (SPH, Financial) Reported History
In the previous quarter of June 30, 2024, Suburban Propane Partners LP's (SPH) actual revenue was $254.61 million, which missed analysts' revenue expectations of $277 million by -8.08%. Suburban Propane Partners LP's (SPH) actual earnings were -$0.27 per share, which missed analysts' earnings expectations of -$0.17 per share by -58.82%. After releasing the results, Suburban Propane Partners LP (SPH) was up by 0.18% in one day.
Suburban Propane Partners LP (SPH, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Suburban Propane Partners LP (SPH) is $16 with a high estimate of $16 and a low estimate of $16. The average target implies a downside of -15.61% from the current price of $18.96.
Based on GuruFocus estimates, the estimated GF Value for Suburban Propane Partners LP (SPH, Financial) in one year is $14.61, suggesting a downside of -22.94% from the current price of $18.96.
Based on the consensus recommendation from 3 brokerage firms, Suburban Propane Partners LP's (SPH, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
