Recap: Global Partners Q3 Earnings

Recap: Global Partners Q3 Earnings

Global Partners GLP reported its Q3 earnings results on Friday, November 4, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Global Partners beat estimated earnings by 134.59%, reporting an EPS of $3.12 versus an estimate of $1.33.

Revenue was up $1.30 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.18 which was followed by a 0.39% drop in the share price the next day.

Here's a look at Global Partners's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.21 -0.11 0.23 0.61
EPS Actual 2.39 0.76 0.44 0.86
Revenue Estimate 4.32B 3.69B 3.99B 3.86B
Revenue Actual 5.32B 4.50B 4.09B 3.32B

To track all earnings releases for Global Partners visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings