Alert: New Earnings Report (11/9/23)-Global Partners LP (NYSE: GLP).


For its third fiscal quarter (ending September 30), Global Partners LP (NYSE: GLP) has reported a -81% decline in E.P.S. from $3.12 a year ago to $0.60 in the current quarter. For the latest four quarters through September 30, E.P.S. were $3.89 compared to $8.96 a year ago — a decline of -57%.


Recent Price Action

Global Partners LP (NYSE: GLP) stock closed at $31.80 on 11/9/23 after an increase of 1.1%. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

GLP is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Global Partners has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Global Partners has a slightly positive Power Rating of 66 and a very high Appreciation Score of 96, producing the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.