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Star Gas Partners LP (SGU)
NYSE:SGU
Holding SGU?
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.32Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 06, 2018
|% Change Since: -4.16%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive outcomes and challenges. While there were significant improvements in EBITDA and successful strategic acquisitions, the company faced headwinds from reduced heating oil volumes, increased expenses, and customer attrition. Nevertheless, the overall sentiment leans slightly positive due to effective cost management and a strong acquisition pipeline.Company Guidance
In the Star Group's Q4 2024 earnings call, the company provided guidance reflecting several key metrics. Despite a 15% warmer fiscal year, which was roughly flat year-over-year, the company achieved a $14.7 million increase in full-year adjusted EBITDA compared to fiscal 2023. This improvement was attributed to higher margins on home heating oil and propane per gallon, as well as increased profitability in service and installation. The company faced a slight increase in net customer attrition at 4.2% year-over-year, influenced by decreased real estate activity and a lack of severe weather events. Star Group completed five acquisitions throughout the year, adding over 20,000 customers and 23 million gallons annually, supported by a newly completed credit facility with a $400 million revolver and a $210 million term loan. The fiscal year saw a decrease in heating oil and propane volume by 6 million gallons, but product gross profit rose by $21 million to $468 million due to improved margins. Overall, the company's strategic focus on acquisitions and operational efficiency positions it well for potential growth despite environmental and market challenges.Increase in Adjusted EBITDA
Full year adjusted EBITDA rose by $14.7 million compared to fiscal 2023, driven by increased home heating oil and propane margins, as well as higher service and installation profitability.
Successful Acquisition Strategy
Completed 5 transactions in fiscal 2024, adding over 20,000 customers and 23 million gallons of heating oil and propane volume annually. The company also has a strong pipeline of acquisition opportunities.
Improved Gross Profit
Product gross profit increased by $21 million or 5% to $468 million for the full year 2024, primarily due to higher margins on home heating oil and propane.
Net Income Increase
Net income rose by $3 million to $35 million for fiscal 2024, supported by an increase in adjusted EBITDA and a decrease in net interest expense.
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SGU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SGU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $12.25 | $12.00 | -2.04% |
| Jul 31, 2024 | $10.90 | $10.58 | -2.94% |
| May 01, 2024 | $11.16 | $10.94 | -1.97% |
| Feb 07, 2024 | $9.97 | $10.98 | +10.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Star Gas Partners LP (SGU) report earnings?
Star Gas Partners LP (SGU) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Star Gas Partners LP (SGU) earnings time?
Star Gas Partners LP (SGU) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SGU EPS forecast?
Currently, no data Available
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