CrossAmerica Partners Q3 Earnings Per Unit $0.31 Vs $0.71 Last Year, Sales $1.21B Miss $1.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
CrossAmerica Partners reported Q3 earnings per unit of $0.31, down from $0.71 last year. The company's sales of $1.21B missed the estimate of $1.32B.
November 07, 2023 | 10:22 pm
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CrossAmerica Partners' Q3 earnings per unit decreased significantly from last year and sales missed estimates, which could negatively impact the stock price.
CrossAmerica Partners reported a significant decrease in Q3 earnings per unit compared to last year and missed sales estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100