Ferrellgas Partners (FGP) Scheduled to Post Earnings on Thursday

Ferrellgas Partners (NYSE:FGP) is set to post its quarterly earnings results before the market opens on Thursday, December 6th. Analysts expect Ferrellgas Partners to post earnings of ($0.44) per share for the quarter.

Ferrellgas Partners (NYSE:FGP) last announced its quarterly earnings data on Thursday, September 27th. The oil and gas company reported ($2.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by ($1.79). The firm had revenue of $347.52 million during the quarter, compared to analyst estimates of $365.36 million. On average, analysts expect Ferrellgas Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of FGP opened at $0.76 on Wednesday. The stock has a market capitalization of $112.70 million, a PE ratio of -1.77 and a beta of 0.88. Ferrellgas Partners has a 1 year low of $0.75 and a 1 year high of $4.69.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Ferrellgas Partners from a “strong sell” rating to a “hold” rating in a research note on Monday. ValuEngine cut Ferrellgas Partners from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Ferrellgas Partners currently has an average rating of “Hold” and a consensus target price of $3.50.

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Ferrellgas Partners Company Profile

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.

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Earnings History for Ferrellgas Partners (NYSE:FGP)

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