Published on 2 Apr 2024 on Zacks via Yahoo Finance
Global Partners LP (GLP) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Global Partners LP (GLP) closed at $45.23, marking a +0.04% move from the previous day. This move outpaced the S&P 500's daily loss of 0.72%. Elsewhere, the Dow lost 1%, while the tech-heavy Nasdaq lost 0.95%.
Shares of the company have depreciated by 3.54% over the course of the past month, underperforming the Oils-Energy sector's gain of 6.92% and the S&P 500's gain of 2.16%.
The upcoming earnings release of Global Partners LP will be of great interest to investors. The company's upcoming EPS is projected at $0.46, signifying a 34.29% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $5.5 billion, indicating a 36.45% upward movement from the same quarter last year.