Global Partners Q2 EPS $1.05 Misses $1.28 Estimate, Sales $3.80B Miss $4.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Partners (NYSE:GLP) reported Q2 earnings of $1.05 per share, missing the analyst consensus estimate of $1.28 by 17.97%. This is a 56.07% decrease from the same period last year. The company also reported quarterly sales of $3.80 billion, missing the analyst consensus estimate of $4.09 billion by 7.00%. This is a 28.63% decrease from the same period last year.
August 04, 2023 | 3:14 pm
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Global Partners' Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Global Partners' earnings and sales for Q2 have significantly missed estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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