SPH Earnings Prediction
The chart below shows how SPH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SPH sees a -1.80% change in stock price 10 days leading up to the earnings, and a +0.35% change 10 days following the report. On the earnings day itself, the stock moves by -1.03%. This data can give you a slight idea of what to expect for the next quarter's release.
SPH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
373.33M
2.05%
78.93%
Gross Margin
56.00%
4.32%
9.67%
Operating Margin
14.85%
-8.73%
-293.36%
Net Margin
5.20%
-22.16%
-124.33%
EPS
0.30
-21.05%
-143.48%
No Data Available
SPH Earnings Analysis
Suburban Propane Partners LP Corporation (SPH.N) Earnings Conference Call
Positive
Stable EBITDA Performance: Adjusted EBITDA for the first quarter of fiscal 2025 was $75.3 million, essentially flat compared to the prior year, indicating stable operational performance despite challenging conditions.
Retail Propane Sales Surge: Retail propane gallons sold were 105.7 million, with strong demand in the Southeast following hurricanes, which helped offset lower heat-related demand due to unseasonably warm temperatures.
Propane Price Increase: The average wholesale propane price increased by 15% to $0.77 per gallon compared to the prior year, reflecting improved pricing power in a higher commodity price environment.
Quarterly Distribution Announcement: The quarterly distribution declared was $0.325 per common unit, equating to an annualized rate of $1.30 per common unit, demonstrating a commitment to returning capital to unitholders with a strong distribution coverage of 1.87 times.
Increased Capital Expenditure: Total capital spending for the quarter was $23.8 million, $12.7 million higher than the prior year, primarily due to growth CapEx associated with strategic projects, indicating a focus on long-term growth initiatives.
Negative
Stagnant Adjusted EBITDA: Adjusted EBITDA for Q1 FY25 was $75.3 million, flat compared to the prior year, indicating stagnation in earnings despite operational challenges.
Propane Sales Decline: Retail propane gallons sold decreased by 0.8% to 105.7 million gallons, primarily due to lower heat-related demand from unseasonably warm temperatures, negatively impacting revenue.
Gross Margin Decline: Total gross margin for Q1 FY25 was $222.5 million, a decrease of $1 million or 0.5% from the prior year, driven by lower propane volumes sold and reduced margin contribution from RNG operations.
Operating Expense Increase: Combined operating and G&A expenses increased by $2.4 million or 1.6% to $150 million, primarily due to higher payroll and benefit costs, which could pressure profitability moving forward.
Impairment Charges Impact: Impairment charges of $19.8 million were recognized for investments in Oberon Fuels and Independence Hydrogen, reflecting challenges in the clean energy startup landscape and negatively impacting net income.
SPH FAQs
How does SPH typically perform around its earnings report dates?
Is Suburban Propane Partners LP (SPH) Q1 2025 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SPH Earning Call Sentiment
Earnings call transcript: Suburban Propane misses Q1 2025 EPS estimates
SPH.N
1.49%Positive
The earnings call indicates mixed signals: stable adjusted EBITDA and net income, but concerns about elevated leverage and weather impact on propane demand. Market strategy and shareholder returns are neutral, with no new partnerships or guidance changes. The Q&A highlights uncertainty in handling debt and production tax credits. Given the company's small-cap status, these factors balance out, leading to a neutral prediction for stock price movement.
