Green Plains Partners (GPP) Set to Announce Earnings on Monday

Green Plains Partners (NASDAQ:GPP) is set to release its earnings data after the market closes on Monday, August 3rd. Analysts expect Green Plains Partners to post earnings of $0.32 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Green Plains Partners (NASDAQ:GPP) last announced its quarterly earnings data on Monday, May 4th. The transportation company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.07. The firm had revenue of $20.27 million during the quarter, compared to analyst estimates of $20.55 million. Green Plains Partners had a net margin of 50.74% and a negative return on equity of 54.98%. On average, analysts expect Green Plains Partners to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of GPP opened at $7.08 on Friday. The firm has a market cap of $163.97 million, a price-to-earnings ratio of 4.01 and a beta of 0.88. Green Plains Partners has a fifty-two week low of $3.47 and a fifty-two week high of $14.81. The firm has a 50 day moving average price of $6.92 and a 200-day moving average price of $8.58.

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 31st will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $0.48 dividend on an annualized basis and a yield of 6.78%. Green Plains Partners’s dividend payout ratio is currently 27.27%.

A number of research firms recently commented on GPP. ValuEngine upgraded shares of Green Plains Partners from a “strong sell” rating to a “sell” rating in a report on Thursday, July 2nd. Zacks Investment Research raised shares of Green Plains Partners from a “sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Royal Bank of Canada reduced their price objective on shares of Green Plains Partners from $15.00 to $10.00 in a research report on Friday, May 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $14.50.

About Green Plains Partners

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.

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Earnings History for Green Plains Partners (NASDAQ:GPP)

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