Rose Rock Midstream (RRMS) Tops Q1 EPS by 29c

Rose Rock Midstream (NYSE: RRMS) reported Q1 EPS of $0.56, $0.29 better than the analyst estimate of $0.27. Revenue for the quarter came in at $203 million versus the consensus estimate of $238.24 million.

Rose Rock reaffirms 2016 consolidated Adjusted EBITDA guidance of between $165 and $185 million. The partnership expects to deploy approximately $35 million in capital investments in 2016. In addition, the partnership anticipates maintaining its current distribution and distribution coverage of 1.0 times or greater throughout 2016.

For earnings history and earnings-related data on Rose Rock Midstream (RRMS) click here.

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