Ferrellgas Partners Q3 Profit Declines, Backs 2015 Outlook - Quick Facts

(RTTNews) - Propane distributor Ferrellgas Partners, L.P.'s (FGP) that third-quarter common unitholders' interest in net earnings declined to $35.45 million or $0.43 per share from $44.93 million or $0.57 per share in the prior-year quarter.

On average, six analysts polled by Thomson Reuters expected the company to report a loss of $0.33 per share for the quarter. Analysts' estimates typically exclude one-time items.

Total revenues for the quarter declined to $532.55 million from $722.12 million in the same quarter last year, while analysts projected revenues of $406.84 million.

Looking ahead to fiscal 2015, the company reaffirmed its full-year adjusted EBITDA guidance of $300 million to $320 million.