StoneMor Partners Misses on Q4 Results
StoneMor Partners results for Q4 and 2012 have been posted. For the quarter, revenues were $59.3 million, up modestly from the $58.7 million in the same period the previous year. Net loss widened to $3.9 million ($0.20 per diluted partner unit) from Q4 2011's shortfall of $3.1 million ($0.16).
The most recent quarter's figures were below average analyst estimates of $62.3 million in revenues, and per-share loss of $0.06.
For the full year, top line was $242.6 million, which topped the 2011 figure of $228.4 million. Net loss narrowed over that time span, to $3.0 million ($0.15 per diluted share), against the previous year's $9.7 million ($0.50).
The article StoneMor Partners Misses on Q4 Results originally appeared on Fool.com.Fool contributor Eric Volkman has no position in StoneMor Partners. The Motley Fool recommends StoneMor Partners. The Motley Fool owns shares of StoneMor Partners. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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