The earnings call reflects a positive sentiment with significant growth in EBITDA, strategic acquisitions, and improved service operations outweighing the challenges of increased expenses and customer attrition.
Company Guidance
In the Star Group's fiscal 2025 first quarter results call, several key metrics were highlighted. Adjusted EBITDA increased by $3 million year over year, reaching $52 million, while net income rose by $20 million to $33 million. Home heating oil and propane volume saw a 3% increase, totaling approximately 82 million gallons, despite net customer attrition. The product gross profit climbed by $5.6 million to approximately $151 million, driven by higher per-gallon margins. Service and installation gross profit also improved significantly, rising to $6.9 million from $4.4 million in the previous year, attributed partly to recent acquisitions and enhanced base business performance. The colder temperatures, 4% below the prior year and 10.5% below normal, contributed to these outcomes. Furthermore, the company completed a strategic acquisition post-quarter, enhancing its propane segment.
Increase in Adjusted EBITDA
Adjusted EBITDA rose by $3 million year over year, reaching $52 million, driven by recent acquisitions and improved per-gallon margins.
Strategic Acquisition
Completion of a sizable acquisition strengthens Star Group's propane presence, adding a quality brand and new employees.
Improvement in Service and Installation Business
Gross profit from service and installation increased by $2.5 million, attributed to acquisitions and productivity improvements.
Net Income Increase
Net income rose by $20 million to $33 million due to favorable non-cash changes in the fair value of derivative instruments and increased adjusted EBITDA.
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Star Gas Partners (SGU) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Feb 05, 2025
$12.40
$12.43
+0.24%
Dec 04, 2024
$12.07
$11.82
-2.07%
Jul 31, 2024
$10.74
$10.43
-2.89%
May 01, 2024
$11.00
$10.78
-2.00%
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 Apr 30, 2025, TBA Not Confirmed.
What is Star Gas Partners LP (SGU) earnings time?
Star Gas Partners LP (SGU) earnings time is at Apr 30, 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.