Global Partners Reports Third-Quarter 2016 Financial Results

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Go back to Global Partners Reports Third-Quarter 2016 Financial Results

Mitsubishi UFJ Downgrades Global Partners, L.P. (GLP) to Underweight

November 9, 2016 3:27 PM EST

Mitsubishi UFJ downgraded Global Partners, L.P. (NYSE: GLP) from Neutral to Underweight.

For an analyst ratings summary and ratings history on Global Partners, L.P. click here. For more ratings news on Global Partners, L.P. click here.

Shares of Global Partners, L.P. closed at $15.15 yesterday.

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Global Partners (GLP) Posts Q3 GAAP Loss of $3.54/Share

November 7, 2016 8:40 AM EST

Global Partners (NYSE: GLP) reported Q3 EPS of ($3.54), $3.55 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2.46 billion.

The net loss attributable to the Partnership for the third-quarter of 2016 was $119.6 million, or $3.54 per limited partner unit, compared with third-quarter 2015 net income of $8.2 million, or $0.16 per... More