UPDATE: Enviva Partners (EVA) Reports Q4 EPS of $0.25, Beats on Revenues

Note: EPS may not be comparable

Enviva Partners (NYSE: EVA) reported Q4 EPS of $0.26, versus $0.31 reported last year. Revenue for the quarter came in at $161 million versus the consensus estimate of $158.35 million.

Highlights:

• Generated net income of $7.9 million and adjusted EBITDA of $31.9 million for the fourth quarter of 2017
• Generated net revenue of $543.2 million and net income of $14.4 million for the full year of 2017, after giving effect to the recast for the Wilmington Drop-Down
• Generated net income of $20.6 million and adjusted EBITDA of $105.4 million for the full year of 2017, excluding the impact of the recast for the Wilmington Drop-Down
• Provided full-year 2018 guidance for net income in a range of $28.5 million to $32.5 million and adjusted EBITDA in a range of $118.0 million to $122.0 million, excluding the impact of any drop-downs or third-party acquisitions, and expect to distribute at least $2.53 per common and subordinated unit for full-year 2018

For earnings history and earnings-related data on Enviva Partners (EVA) click here.

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