Suburban Propane Partners Future Growth

Future criteria checks 2/6

Suburban Propane Partners is forecast to grow earnings and revenue by 18.6% and 1.6% per annum respectively while EPS is expected to grow by 14.7% per annum.

Key information

18.6%

Earnings growth rate

14.7%

EPS growth rate

Gas Utilities earnings growth	12.3%
Revenue growth rate	1.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	14 Aug 2024

Recent future growth updates

Recent updates

Suburban Propane Partners GAAP EPS of -$0.86 misses by $0.41, revenue of $237.63M

Nov 10

Suburban Propane Partners declares $0.325 dividend

Oct 20

Suburban Propane Partners: What! No Distribution Growth?

Oct 13

Suburban Propane team up with David's house to donate for families with children receiving treatment through Dartmouth Health Children's hospital

Sep 09

Suburban Propane Partners: Steady Quarter; Thesis Intact

Aug 06

Suburban Propane Partners goes ex-dividend tomorrow

Jul 29

Suburban Propane Partners: Resilient To Inflation And A Potential Recession

Jun 27

Suburban Propane Partners: Buy These Undervalued Units Trading At An 8.7% Yield

Mar 24

Suburban Propane Partners, L.P.: Old School Value

Feb 11

The 9.2% Distribution Yield Of Suburban Propane Partners Is Attractive

Dec 27

Suburban Propane Partners: A 10%+ Yield Ahead In The New Age Of Distribution Growth

Sep 06

Suburban Propane Partners: The Forgotten MLP That's Over 50% Undervalued

Jun 28

Suburban Propane Partners prices private offering of senior notes

May 10

Suburban Propane Partners EPS beats by $0.28, beats on revenue

May 06

Suburban Propane Partners EPS beats by $0.05, misses on revenue

Feb 04

Surburban Propane Offers A Defensive 7%+ Yield, But Potentially Warmer Winter And Debt Paydown Weigh

Nov 18

Suburban Propane Partners EPS beats by $0.10, misses on revenue

Nov 12

Earnings and Revenue Growth Forecasts

NYSE:SPH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2026	1,453	134	198	N/A	1
9/30/2025	1,259	129	138	N/A	2
9/30/2024	1,328	85	128	N/A	2
6/29/2024	1,345	98	130	182	N/A
3/30/2024	1,369	110	136	182	N/A
12/30/2023	1,398	103	161	206	N/A
9/30/2023	1,429	124	180	225	N/A
6/24/2023	1,440	90	172	217	N/A
3/25/2023	1,462	93	184	230	N/A
12/24/2022	1,524	164	196	240	N/A
9/24/2022	1,501	140	176	221	N/A
6/25/2022	1,472	177	176	217	N/A
3/26/2022	1,410	154	182	220	N/A
12/25/2021	1,359	106	174	209	N/A
9/25/2021	1,289	123	197	227	N/A
6/26/2021	1,247	98	193	221	N/A
3/27/2021	1,215	108	194	220	N/A
12/26/2020	1,079	59	173	198	N/A
9/26/2020	1,108	61	177	209	N/A
6/27/2020	1,114	51	193	230	N/A
3/28/2020	1,121	37	178	217	N/A
12/28/2019	1,224	81	195	235	N/A
9/28/2019	1,268	69	192	227	N/A
6/29/2019	1,289	69	188	219	N/A
3/30/2019	1,316	81	197	228	N/A
12/29/2018	1,348	67	183	215	N/A
9/29/2018	1,344	77	178	210	N/A
6/30/2018	1,349	77	163	195	N/A
3/31/2018	1,330	64	N/A	165	N/A
12/30/2017	1,244	41	N/A	141	N/A
9/30/2017	1,188	38	N/A	164	N/A
6/24/2017	1,152	28	N/A	152	N/A
3/25/2017	1,134	28	N/A	156	N/A
12/24/2016	1,088	37	N/A	170	N/A
9/24/2016	1,046	14	N/A	157	N/A
6/25/2016	1,059	8	N/A	194	N/A
3/26/2016	1,075	-4	N/A	245	N/A
12/26/2015	1,270	41	N/A	301	N/A
9/26/2015	1,417	84	N/A	324	N/A
6/27/2015	1,484	97	N/A	340	N/A
3/28/2015	1,561	79	N/A	365	N/A
12/27/2014	1,835	92	N/A	255	N/A
9/27/2014	1,938	95	N/A	226	N/A
6/28/2014	1,941	86	N/A	159	N/A
3/29/2014	1,934	100	N/A	101	N/A
12/28/2013	1,739	80	N/A	157	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPH's forecast earnings growth (18.6% per year) is above the savings rate (2.5%).

Earnings vs Market: SPH's earnings (18.6% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: SPH's earnings are forecast to grow, but not significantly.

Revenue vs Market: SPH's revenue (1.6% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: SPH's revenue (1.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SPH's Return on Equity is forecast to be high in 3 years time

Suburban Propane Partners Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 19%

Consensus EPS estimates fall by 10%, revenue upgraded

Consensus revenue estimates fall by 11%

Price target decreased by 8.3% to US$16.50

Consensus EPS estimates fall by 15%

Price target decreased to US$17.00

Recent updates

Third quarter dividend of US$0.33 announced

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Three Months Ended September 28, 2024, Payable on November 12, 2024

Consensus EPS estimates fall by 19%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Second quarter dividend of US$0.33 announced

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Three Months Ended June 29, 2024, Payable on August 13, 2024

Consensus EPS estimates fall by 10%, revenue upgraded

Second quarter 2024 earnings released: EPS: US$1.73 (vs US$1.63 in 2Q 2023)

First quarter dividend of US$0.33 announced

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Three Months Ended March 30, 2024, Payable on May 14, 2024

Insider recently sold US$422k worth of stock

Insider recently sold US$503k worth of stock

Consensus revenue estimates fall by 11%

Suburban Propane's 40% Gain In 6 Months Needs Cautious Watching

New minor risk - Profit margin trend

First quarter 2024 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.33 per share at 6.7% yield

Fourth quarter dividend of US$0.33 announced

Suburban Propane Partners, L.P., Annual General Meeting, May 21, 2024

Suburban Propane Partners Is Well-Positioned For Long-Run Accretive Growth

Suburban Propane Partners, L.P. Declares Quarterly Distribution Ended December 30, 2023, Payable on February 13, 2024

Investor sentiment improves as stock rises 22%

Suburban Propane Partners, L.P. Announces Board Changes, Effective January 1, 2025

Insider recently sold US$170k worth of stock

Suburban Propane: M&A Rumors Boost Stock Price, Maintain Hold

Suburban Propane Partners, L.P. Announces Executive Changes

Upcoming dividend of US$0.33 per share at 7.6% yield

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Quarter Ended September 30, 2023, Payable on November 14, 2023

Suburban Propane: Downgrading To Hold On Softening Fundamentals

Third quarter 2023 earnings released: US$0.082 loss per share (vs US$0.04 loss in 3Q 2022)

Upcoming dividend of US$0.33 per share at 8.6% yield

Suburban Propane Partners, L.P. Declares Quarterly Distribution, Payable on August 8, 2023

Price target decreased by 8.3% to US$16.50

Suburban Propane Partners Is Facing A Challenging Macroeconomic Backdrop

Consensus EPS estimates fall by 15%

Second quarter 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.33 per share at 8.4% yield

Suburban Propane Partners: Steady Q1, Further Expansion Into RNG

First quarter 2023 earnings released: EPS: US$0.71 (vs US$0.34 in 1Q 2022)

Suburban Propane Partners: Turning Waste Into Future Distribution Growth

Upcoming dividend of US$0.33 per share

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Three Months Ended December 24, 2022, Payable on February 7, 2023

Suburban Propane Partners declares $0.325 dividend

Suburban Propane partners with Equilibrium Capital for $190M RNG assets deal

Insider recently sold US$63k worth of stock

Full year 2022 earnings released: EPS: US$2.21 (vs US$1.96 in FY 2021)

Senior Vice President of Product Supply recently sold US$200k worth of stock

Price target decreased to US$17.00

Insufficient new directors

Full year 2022 earnings released: EPS: US$2.21 (vs US$1.96 in FY 2021)

Suburban Propane Partners GAAP EPS of -$0.86 misses by $0.41, revenue of $237.63M

Upcoming dividend of US$0.33 per share

Press Release: Suburban Propane Partners, L.P. Declares Quarterly Distribution, Payable on November 8, 2022

Suburban Propane Partners declares $0.325 dividend

Suburban Propane Partners: What! No Distribution Growth?

Suburban Propane team up with David's house to donate for families with children receiving treatment through Dartmouth Health Children's hospital

Suburban Propane Partners: Steady Quarter; Thesis Intact

Third quarter 2022 earnings released: US$0.04 loss per share (vs US$0.41 loss in 3Q 2021)

Suburban Propane Partners goes ex-dividend tomorrow

Upcoming dividend of US$0.33 per share

Suburban Propane Partners, L.P. Declares Quarterly Distribution for the Three Months Ended June 25, 2022, Payable on August 9, 2022

Suburban Propane Partners: Resilient To Inflation And A Potential Recession

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Suburban Propane Announces the Commercial Launch of Propane+rDME, a Revolutionary Low Carbon Fuel

Upcoming dividend of US$0.33 per share

Insufficient new directors

Suburban Propane Partners, L.P. Declares Quarterly Distribution, Payable on May 10, 2022

Suburban Propane Partners: Buy These Undervalued Units Trading At An 8.7% Yield

Suburban Propane Partners, L.P.: Old School Value