STON - StoneMor Partners GAAP EPS of -$0.15 revenue of $80M
- StoneMor Partners press release ( NYSE: STON ): Q2 GAAP EPS of -$0.15.
- Revenue of $80M (-3.6% Y/Y).
- “Through the second quarter, we remain confident that we will meet or exceed our previously announced 2022 annual guidance targets for organic growth in our trusts of $70 million and unlevered free cash flow of $40 million,” said Jeff DiGiovanni, StoneMor’s Senior Vice President and Chief Financial Officer. “For the six months ended June 30, 2022, we generated $36.6 million in organic trust growth, which excluded $10.3 million in trust funds added through our recent acquisitions, as well as $17.6 million in unlevered free cash flow.”
For further details see:
StoneMor Partners GAAP EPS of -$0.15, revenue of $80M