Global Partners Earnings: What Investors Should Watch

Global Partners Lp (NYSE:GLP) will report earnings before markets open on Thursday, May 9th. Global Partners LP owns, controls or has access to a terminal network of refined petroleum products in New England, located in the United States. The Company is a wholesale distributor of distillates such as home heating oil, gasoline, and residual oil. Global Partners serves wholesalers, retailers, and commercial customers.

Here is your Cheat Sheet to Global Partners Lp Earnings:

Earnings Expectations: Analysts expect earnings of $0.46 per share on revenues of $4.23 billion. Currently, the company’s P/E ratio stands at 20.29.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.77 to a profit $0.81. For the current year, the average estimate is a profit of $3.09, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Global Partners Lp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 9,019 5,818 7,802 14,840 17,630
Diluted EPS ($) 1.57 2.51 1.59 0.87 1.71

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 4,107 3,975 3,916 4,617 5,117
Diluted EPS ($) 0.4519 -0.06 0.66 0.24 0.8095

Past Performance:
Global Partners Lp has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)