Earnings Preview For CrossAmerica Partners
Portfolio Pulse from Benzinga Insights
CrossAmerica Partners (NYSE:CAPL) is scheduled to release its quarterly earnings report on 2024-02-26, with analysts estimating an EPS of $0.22. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a slight share price drop. Shares have increased by 2.65% over the last 52 weeks, indicating a generally positive trend. Investors will be keen on both the earnings outcome and the company's future guidance.
February 23, 2024 | 6:02 pm
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CrossAmerica Partners is expected to report an EPS of $0.22 for the quarter. Historical performance shows mixed reactions to earnings announcements. Shares have seen a 2.65% increase over the past year, indicating a positive trend.
Given the positive trend in share price over the past year and the company's history of beating EPS estimates, there is a likelihood of a positive short-term impact on CAPL's stock price, especially if the earnings beat expectations again and the company provides favorable future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100