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Market Overview

Preview: Global Partners's Earnings

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On Friday, May 07, Global Partners (NYSE:GLP) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Based on Global Partners management projections, analysts predict EPS of $0.05 on revenue of $3.57 billion. Global Partners EPS in the same period a year ago totaled $0.05. Sales were $2.60 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release.
When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to post earnings in line with the consensus estimate when it reports Friday, EPS would be down 200.0%. Sales would be up 37.57% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate -0.17 0.11 -0.79 0.17
EPS Actual 0.27 0.47 2.21 0.05
Revenue Estimate 2.99 B 3.02 B 2.55 B 3.08 B
Revenue Actual 2.20 B 2.06 B 1.47 B 2.60 B

eps graph

Stock Performance

Shares of Global Partners were trading at $26.83 as of May 05. Over the last 52-week period, shares are up 151.7%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Global Partners is scheduled to hold the call at 10:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings