Enviva Partners Earnings Growth Stalled Out Again in Q3
For the second quarter in a row, Enviva Partners (NYSE: EVA) reported a year-over-year decline in distributable cash flow. Investors in master limited partnerships never want to see that happen, and it can sometimes be a signal for trouble. Despite this dubious cash flow streak, management believes it will easily meet its targeted distribution for the year.
Let's take a look at Enviva's most recent results to see why the company's cash flow generating abilities have stumbled a bit recently and what investors should be paying attention to long term.
Source: Fool.com