K-Sea Transportation Partners LP (KSP)

[ScovilleUnits]

KSP: Q4 Adj EPS (37c)..vs..9c Misses (33c) Est

Thursday , September 02, 2010 08:35ET

QUARTER RESULTS
K-Sea Transportation Partners LP (KSP) reported Q4 results ended June 2010. Q4 Revenues were $66.65M; -7.78% vs yr-ago; BEATING revenue consensus by +1.12%. Q4 EPS was ($3.43). Adjusted Q4 EPS was (37c); -511.11% vs yr-ago; MISSING earnings consensus by -12.12%.

Q4 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:        $66.65M       $72.27M      -7.78%       $65.91M      +1.12% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:             ($3.43)           N/A         N/A           N/A         N/A 
 Adj EPS:           (37c)            9c    -511.11%         (33c)     -12.12% 
 ----------  ------------  ------------  ----------  ------------  ----------

YEAR-END RESULTS
Co. also reported Year-End results ended June 2010. FY Revenues were $266.43M; -19.38% vs yr-ago; BEATING revenue consensus by +1.02%. FY EPS was ($4.60). Adjusted FY EPS was ($1.08); -277.05% vs yr-ago; BEATING earnings consensus by +22.30%.

FY RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 Revenues:       $266.43M      $330.46M     -19.38%      $263.73M      +1.02% 
 ----------  ------------  ------------  ----------  ------------  ---------- 
 EPS:             ($4.60)           N/A         N/A           N/A         N/A 
 Adj EPS:         ($1.08)           61c    -277.05%       ($1.39)     +22.30% 
 ----------  ------------  ------------  ----------  ------------  ----------

ORIGINAL EARNINGS RELEASE: http://www.knobias.com/story.htm?eid=3.1.392451ec715bf9e866c9bbc6e7d8925a291a87b44e1d6f4d71f5874fdae1c80a
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.