Green Plains Partners LP (NASDAQ:GPP) 2Q20 Earnings Preview

92

Green Plains Partners LP (NASDAQ:GPP) is expected to report second quarter earnings results, after market close, on Monday 3rd August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.32 per share.

Looking ahead, the full year income are expected at $ 1.53 per share on the revenues of $ 73.98 million.

Previous Quarter Performance

Green Plains Partners LP revealed income for the first quarter of $ 0.44 per share, from the revenue of $ 20.27 million. The quarterly earnings surged 2.33 percent while revenues fell 3.89 percent compared with the same quarter last year.
Wall street analysts are predicting, GPP to report 1Q20 income of $ 0.42 per share from revenue of $ 20.28 million. The bottom line results beat street analysts by $ 0.02 or 4.76 percent, at the same time, top line results fell short of analysts by $ 0.01 million or 0.05 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Green Plains Partners LP

Stock Performance

According to the previous trading day, closing price of GPP was $ 7.08, representing a 104.03 % increase from the 52 week low of $ 3.47 and a 52.19 % decrease over the 52 week high of $ 14.81.

The company has a market capital of $ 163.98 million and is part of the Energy sector and Oil & Gas Midstream industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GPP” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Green Plains Partners LP provides fuel storage and transportation services. It acquires, owns, develops, and operates ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. The company owns or leases 32 ethanol storage facilities and approximately 49 acres of land.