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Suburban Propane Partners, L.P. (NYSE:SPH) is scheduled to announce its earnings results on Thursday, February 6th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Suburban Propane Partners, L.P. (NYSE:SPH) last posted its quarterly earnings results on Thursday, November 14th. The company reported ($1.05) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.88) by $0.17. The company had revenue of $243.67 million for the quarter, compared to the consensus estimate of $293.94 million. During the same quarter last year, the company posted ($1.19) earnings per share. Suburban Propane Partners, L.P.’s revenue was up 7.7% compared to the same quarter last year. On average, analysts expect Suburban Propane Partners, L.P. to post $2.12 EPS for the current fiscal year and $2.27 EPS for the next fiscal year.

Shares of Suburban Propane Partners, L.P. (NYSE:SPH) opened at 43.35 on Wednesday. Suburban Propane Partners, L.P. has a 52-week low of $40.75 and a 52-week high of $50.25. The stock has a 50-day moving average of $45.61 and a 200-day moving average of $46.27. The company has a market cap of $2.614 billion and a P/E ratio of 32.51.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, February 11th. Shareholders of record on Tuesday, February 4th will be paid a dividend of 0.875 per share. This represents a $3.50 annualized dividend and a dividend yield of 8.07%. The ex-dividend date is Friday, January 31st.

SPH has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Suburban Propane Partners, L.P. from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, January 15th. They now have a $44.10 price target on the stock. On the ratings front, analysts at Goldman Sachs Group Inc. downgraded shares of Suburban Propane Partners, L.P. from a “neutral” rating to a “sell” rating in a research note to investors on Wednesday, January 15th. They now have a $45.00 price target on the stock, down previously from $48.00. Finally, analysts at Bank of America Corp. downgraded shares of Suburban Propane Partners, L.P. to a “neutral” rating in a research note to investors on Friday, January 3rd. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Suburban Propane Partners, L.P. presently has an average rating of “Sell” and a consensus target price of $44.28.

Suburban Propane Partners, L.P. (NYSE:SPH) is a nationwide marketer and distributor of a range of products meeting the energy needs of its customers.

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