04.08.2016 00:20:52
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Sunoco Logistics Partners L.P. Profit Declines 27% In Q2
(RTTNews) - Sunoco Logistics Partners L.P. (SXL) revealed earnings for second quarter that fell from last year.
The company said its bottom line totaled $202 million, or $0.34 per share. This was down from $276 million, or $0.83 per share, in last year's second quarter.
The company said revenue for the quarter fell 29.1% to $2.27 billion. This was down from $3.20 billion last year.
Sunoco Logistics Partners L.P. earnings at a glance:
-Earnings (Q2): $202 Mln. vs. $276 Mln. last year. -Earnings Decline (Y-o-Y): -26.8% -EPS (Q2): $0.34 vs. $0.83 last year. -EPS Decline (Y-o-Y): -59.0% -Revenue (Q2): $2.27 Bln vs. $3.20 Bln last year. -Revenue Change (Y-o-Y): -29.1%
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