Global Partners Reports Fourth-Quarter and Full-Year 2019 Financial Results
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Global Partners (GLP) Tops Q4 EPS by 2c, Revenues Beat
March 6, 2020 8:03 AM ESTGlobal Partners (NYSE: GLP) reported Q4 EPS of ($0.08), $0.02 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.18 billion.
We delivered strong results in 2019, exceeding our full-year EBITDA guidance, said Eric Slifka, the Partnerships President and Chief Executive Officer. Product margin in our Gasoline Distribution and Station Operations (GDSO) segment increased more than $23 million for the year, attributable... More
