Suburban Propane Partners (NYSE:SPH) issues quarterly earnings results, misses estimates by $0.27 EPS. November 12, 2026 Key points. * Quarterly EPS missed estimates: Suburban Propane reported a loss of $0.85 per unit, $0.27 worse than expected, while revenue of $219.86 million topped forecasts of $217 million. * Fiscal 2026 adjusted results improved: Adjusted EBITDA rose 2.2% to $284 million and adjusted net income reached $138.1 million; propane volumes increased 1% and stronger unit margins lifted gross margin. * The partnership raised its annualized distribution 7.7% to $1.40 per unit and reported 2.13x distribution coverage. Rising wholesale propane prices could pressure margins, while the results excluded impairments totaling $31 million. * Five stocks to consider instead of Suburban Propane Partners. Suburban Propane Partners (NYSE:SPH - Get Free Report) released its quarterly earnings results on Thursday. The energy company reported ($0.85) EPS for the quarter, missing the consensus estimate of ($0.58) by ($0.27), FiscalAI reports. Suburban Propane Partners had a return on equity of 18.57% and a net margin of 9.37%. The company had revenue of $219.86 million during the quarter, compared to analysts' expectations of $217.00 million. Here are the key takeaways from Suburban Propane Partners' conference call: * Fiscal 2026 adjusted EBITDA rose 2.2% to $284 million, while adjusted net income increased to $138.1 million, or $2.07 per common unit. Propane volumes grew 1%, and higher unit margins contributed to stronger gross margin. * RNG injections increased 13%, and updated federal clean-fuel guidance supported $12.4 million in production tax credit benefits; the partnership also generated $11.3 million in investment tax credits. Two new facilities are expected to add about 300,000 MMBtus of annual production at full capacity, though Columbus was still awaiting final utility commissioning. * The partnership raised its annualized distribution 7.7% to $1.40 per unit, with trailing-twelve-month distribution coverage of 2.13 times. Leverage improved to 4.13 times from 4.29 times, and fiscal 2027 capital spending is projected to decline to $60 million-$70 million as major RNG projects wind down. * Wholesale propane prices rose sharply after fiscal year-end, reaching more than $1.30 per gallon in early November before easing to about $1.05, roughly 70% above the year-earlier level. Higher commodity costs may pressure margins or require price increases as the heating season proceeds. * Results excluded a $23.1 million impairment of an early-stage energy technology investment and a $7.9 million goodwill impairment tied to the natural gas and electricity marketing business, which has been constrained by New York regulatory actions. Suburban Propane Partners trading down 1.8%. Shares of Suburban Propane Partners stock traded down $0.31 during trading on Thursday, hitting $17.30. The stock had a trading volume of 221,697 shares, compared to its average volume of 176,607. The firm's fifty day simple moving average is $17.19 and its 200-day simple moving average is $18.65. The stock has a market cap of $1.15 billion, a PE ratio of 8.83, a PEG ratio of 2.16 and a beta of 0.41. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.78 and a quick ratio of 0.52. Suburban Propane Partners has a 12 month low of $16.25 and a 12 month high of $20.80. Suburban Propane Partners increases dividend. The company also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Stockholders of record on Tuesday, November 3rd were paid a $0.35 dividend. This is an increase from Suburban Propane Partners's previous quarterly dividend of $0.3250. This represents a $1.40 annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend was Tuesday, November 3rd. Suburban Propane Partners's payout ratio is currently 71.43%. Analyst upgrades and downgrades. A number of brokerages have issued reports on SPH. Wall Street Zen downgraded Suburban Propane Partners from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Weiss Ratings cut Suburban Propane Partners from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, September 11th. Finally, Zacks Research cut Suburban Propane Partners from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy". Insider activity at Suburban Propane Partners. In related news, VP Bryon Koepke sold 2,848 shares of Suburban Propane Partners stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $17.65, for a total transaction of $50,267.20. Following the completion of the transaction, the vice president directly owned 100,714 shares of the company's stock, valued at approximately $1,777,602.10. The trade was a 2.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 3,360 shares of company stock worth $58,710. 1.30% of the stock is currently owned by insiders. About Suburban Propane Partners. Suburban Propane Partners, L.P. is an energy distributor that supplies propane, fuel oil and related products and services to residential, commercial, industrial and agricultural customers. Its offerings include heating fuels, equipment and services designed to support customers' energy and home-comfort needs. The company also participates in the natural gas and electricity markets and invests in renewable energy initiatives. Its operations serve customers across much of the United States. Founded in 1928, Suburban Propane has grown from a regional propane business into a diversified energy provider. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Suburban Propane Partners, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Suburban Propane Partners wasn't on the list. While Suburban Propane Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public. Continue following MarketBeat

Suburban Propane Partners (NYSE:SPH) downgraded by zacks research to "hold" Zacks Research downgraded shares of Suburban Propane Partners (NYSE:SPH - Free Report) from a strong-buy rating to a hold rating in a research report released on Monday morning,Zacks reports. Track Stocks Bonds A number of other equities analysts have also recently issued reports on the stock. Weiss Ratings cut shares of Suburban Propane Partners from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 19th. Wall Street Zen lowered shares of Suburban Propane Partners from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy". Suburban Propane Partners stock performance. Discover more Trade Financial Derivatives Join Trading Exchanges NYSE:SPH opened at $17.40 on Monday. The firm has a market cap of $1.16 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 2.14 and a beta of 0.41. Suburban Propane Partners has a fifty-two week low of $16.53 and a fifty-two week high of $20.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.52 and a current ratio of 0.78. The business has a 50 day moving average price of $17.91 and a 200-day moving average price of $18.94. Suburban Propane Partners (NYSE:SPH - Get Free Report) last issued its earnings results on Thursday, August 6th. The energy company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.11). Suburban Propane Partners had a return on equity of 18.57% and a net margin of 9.37%.The firm had revenue of $261.38 million during the quarter, compared to analysts' expectations of $255.00 million. Equities research analysts predict that Suburban Propane Partners will post 2.05 earnings per share for the current year. Suburban Propane Partners dividend announcement. The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Tuesday, August 4th were issued a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Tuesday, August 4th. Suburban Propane Partners's dividend payout ratio is currently 66.33%. Take Economics Courses Insider buying and selling. In related news, VP Bryon L. Koepke sold 2,848 shares of Suburban Propane Partners stock in a transaction on Monday, August 31st. The shares were sold at an average price of $17.65, for a total value of $50,267.20. Following the sale, the vice president owned 100,714 shares in the company, valued at $1,777,602.10. The trade was a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.10% of the stock is owned by insiders. Institutional inflows and outflows. Several institutional investors have recently added to or reduced their stakes in SPH. Alps Advisors Inc. lifted its position in shares of Suburban Propane Partners by 5.1% in the 4th quarter. Alps Advisors Inc. now owns 15,051,196 shares of the energy company's stock worth $279,049,000 after purchasing an additional 724,170 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Suburban Propane Partners by 4.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,177,601 shares of the energy company's stock valued at $77,912,000 after buying an additional 192,154 shares during the period. Goldman Sachs Group Inc. raised its stake in Suburban Propane Partners by 11.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,370,534 shares of the energy company's stock worth $28,795,000 after buying an additional 142,547 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Suburban Propane Partners by 4.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,314,268 shares of the energy company's stock worth $24,367,000 after buying an additional 61,818 shares during the period. Finally, UBS Group AG lifted its stake in shares of Suburban Propane Partners by 32.1% in the 4th quarter. UBS Group AG now owns 466,798 shares of the energy company's stock valued at $8,654,000 after purchasing an additional 113,396 shares during the period. 30.94% of the stock is currently owned by institutional investors. Access Premium News About Suburban Propane Partners. Suburban Propane Partners L.P. (NYSE: SPH) is a publicly traded master limited partnership headquartered in Whippany, New Jersey, that provides propane and related energy services to residential, commercial, industrial and agricultural customers. As one of the largest propane retailers in the United States, the company delivers propane gas, heating oil, diesel fuel and natural gas throughout its service territories. In addition to fuel distribution, Suburban Propane offers HVAC installation, maintenance and repair services, as well as safety inspections and equipment leasing to support customers' energy needs. The company's core business centers on the delivery of propane for space and water heating, cooking and agricultural applications. Receive News & Ratings for Suburban Propane Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suburban Propane Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Suburban Propane Partners reported a net loss of $17.5 million, or $0.26 per common unit, for its third quarter ended 27 June 2026, compared to a loss of $14.8 million in the prior year period. The company typically experiences losses in its third fiscal quarter due to seasonal business patterns. Adjusted EBITDA fell to $18.0 million from $27.0 million year-over-year. Near-record warm temperatures in April reduced heat-related demand, though counter-seasonal customer growth partially offset the impact. Retail propane gallons sold decreased 1.8% to 70.6 million gallons. Temperatures were 17% warmer than normal and 3% warmer than the prior year. During the quarter, Suburban Propane reduced debt by over $36 million using cash flows and proceeds from common unit issuances. The partnership declared a quarterly distribution of $0.325 per common unit, payable 11 August.