Ferrellgas Partners, L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2022
June 10, 2022 at 08:13 am EDT
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Ferrellgas Partners, L.P. reported earnings results for the third quarter and nine months ended April 30, 2022. For the third quarter, the company reported revenue was USD 647.54 million compared to USD 564.73 million a year ago. Net income was USD 67.59 million compared to net loss of USD 66.79 million a year ago. Basic earnings per share from continuing operations was USD 1.51 compared to basic loss per share from continuing operations of USD 15.25 a year ago.
For the nine months, revenue was USD 1,726.99 million compared to USD 1,419.18 million a year ago. Net income was USD 167.39 million compared to net loss of USD 49.59 million a year ago. Basic earnings per share from continuing operations was USD 3.43 compared to basic loss per share from continuing operations of USD 11.74 a year ago.
Ferrellgas Partners, L.P. is a holding company. The Company is primarily engaged in the retail distribution of propane and related equipment sales, through its subsidiaries, Ferrellgas Partners Finance Corp. and Ferrellgas, L.P. (operating partnership). Its operations primarily include the distribution and sale of propane and related equipment and supplies in approximately 50 states, the District of Columbia and Puerto Rico. The Company serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers. The Company delivers propane to its industrial/commercial and portable tank exchange customers using its fleet of portable tank and portable tank exchange delivery trucks, truck tractors and portable tank exchange delivery trailers.
FERRELLGAS PARTNERS, L.P. 