Stock Track | Suburban Propane Partners Plunges 7.67% Pre-Market on Q1 Earnings Miss

Stock Track

2025/02/06

Shares of Suburban Propane Partners LP (NYSE: SPH) plummeted 7.67% in pre-market trading on Thursday, following the company's disappointing fiscal first-quarter earnings results.

The propane distribution company reported Q1 2025 earnings per share of $0.30, significantly missing analysts' consensus estimate of $0.68. Revenue for the quarter was $373.3 million, narrowly missing the expected $374 million.

The weaker-than-expected earnings performance appeared to be the primary driver behind the stock's pre-market sell-off. Investors may also be concerned about potential headwinds facing the company in the quarters ahead, given the earnings miss.

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