Benzinga | Aug 7, 2020 06:40AM EDT

Summit Midstream Partners Q2 EPS $1.06 Up From $(0.06) YoY, Sales $92.01M Miss $100.08M Estimate; Reaffirms FY20 Adj. EBITDA $250M-$260M

Summit Midstream Partners (NYSE:SMLP) reported quarterly earnings of $1.06 per share. This is a 1866.67 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $92.01 million which missed the analyst consensus estimate of $100.08 million by 8.07 percent. This is a 7.70 percent decrease over sales of $99.69 million the same period last year.