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Stock impact report

SGU Q4 Loss Wider Than Expected, Revenues Drop 10% Amid Cost Cuts [Yahoo! Finance]

Star Group L.P. (SGU) 
US:NYSE Investor Relations: stargrouplp.com/investor-relations
Company Research Source: Yahoo! Finance
This compares unfavorably to the S&P 500 index, which gained 0.5% over the same period. Over the past month, SGU has gained 1.3% of its value, while the S&P 500 rose by 1.8%. SGU reported a fourth-quarter fiscal 2024 loss of $1 per share, wider than a loss of 55 cents incurred in the year-ago quarter. The net loss increased by 81.8% compared to last year's quarter. For the fiscal fourth quarter ended Sept. 30, 2024, Star Group reported a 10% decline in total revenues to $240.3 million compared to $266.9 million in the year-ago period. This decrease was driven by slightly lower sales volumes and reduced petroleum product selling prices, partially offset by increased service and installation revenues. Star Group, L.P. price-consensus-eps-surprise-chart | Star Group, L.P. Quote Star Group sold 18.5 million gallons of home heating oil and propane during the fourth quarter of 2024, representing a 1.5% year-over-year decrease. This decline was attributed to net customer attrition Show less Read more
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