trending Market Intelligence /marketintelligence/en/news-insights/trending/-nl0KetZ3XjwiykyodVABg2 content esgSubNav
In This List

StoneMor Partners Q2 loss widens YOY

Blog

TCFD Reporting in Singapore

Blog

Plant upgrades and extensions drive 2025 cable capex forecast

Podcast

Next in Tech | Episode 47: Transformation is transforming technology services

Podcast

Next in Tech | Episode 46: Payments evolution in digital


StoneMor Partners Q2 loss widens YOY

StoneMor Partners LP said its second-quarter normalized net income came to a loss of 9 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 1 cents per share.

The per-share loss increased year over year from 2 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $2.5 million, compared with a loss of $392,250 in the year-earlier period.

The normalized profit margin fell to negative 4.3% from negative 0.5% in the year-earlier period.

Total revenue rose 13.0% year over year to $80.8 million from $71.5 million, and total operating expenses grew 18.2% year over year to $79.2 million from $67.0 million.

Reported net income came to a loss of $4.7 million, or a loss of 16 cents per share, compared to a loss of $109,000, or a loss of 0 cents per share, in the year-earlier period.