StoneMor Partners L.P. (NYSE:STON) operator of cemeteries and funeral homes, is expected to report third quarter earnings results, after market close, on Thursday 12th November 2020.
Previous Quarter Performance
StoneMor Partners L.P. revealed loss for the second quarter of $ 0.04 per share, from the revenue of $ 70.71 million. Wall street analysts are predicting revenue of $ 85.58 million The top line results fell short of analysts by $ 14.87 million or 17.38 percent.
Stock Performance
Shares of StoneMor Partners L.P. traded low $ -0.03 or -3.26 percent on Wednesday, reaching $ 0.85 with volume of 22.30 thousand shares. StoneMor Partners L.P. has traded high as $ 0.89 and has cracked $ 0.84 on the downward trend
The closing price of $ 0.85, representing a 91.30 % increase from the 52 week low of $ 0.46 and a 47.62 % decrease over the 52 week high of $ 1.68.
The company has a market capital of $ 100.62 million and is part of the Consumer Cyclical sector and Personal Services industry.
Conference Call
StoneMor Partners L.P. will be hosting a conference call at 4:30 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (800) 954-0623 Toll Free, (United States) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.stonemor.com
StoneMor Partners L.P., together with its subsidiaries, owns and operates cemeteries and funeral homes in the United States. It operates through two segments, Cemetery Operations and Funeral Home Operations. The companys cemetery products and services include interment rights, such as burial lots, lawn crypts, mausoleum crypts, cremation niches, and perpetual care rights; merchandise comprising burial vaults, caskets, grave markers and grave marker bases, and memorials; and installation services for burial vaults, caskets, and other cemetery merchandise, as well as others.
