The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Global Partners' revenues will expand 6.1% and EPS will wane 900.0%.
The average estimate for revenue is $3.62 billion. On the bottom line, the average EPS estimate is $0.32.
Last quarter, Global Partners reported revenue of $3.98 billion. GAAP reported sales were 12% higher than the prior-year quarter's $3.55 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.11. GAAP EPS were -$0.06 for Q1 compared to $0.39 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 1.4%, 20 basis points worse than the prior-year quarter. Operating margin was 0.3%, 20 basis points worse than the prior-year quarter. Net margin was 0.0%, 20 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $15.84 billion. The average EPS estimate is $1.10.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 141 members out of 149 rating the stock outperform, and eight members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Global Partners a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Global Partners is hold, with an average price target of $23.67.
- Add Global Partners to My Watchlist.