CrossAmerica Partners (CAPL) Scheduled to Post Quarterly Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) is set to issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

CrossAmerica Partners (NYSE:CAPL) last released its quarterly earnings results on Monday, February 26th. The oil and gas company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.20. CrossAmerica Partners had a return on equity of 197.82% and a net margin of 0.93%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.11 billion. On average, analysts expect CrossAmerica Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CrossAmerica Partners Price Performance

Shares of NYSE CAPL opened at $22.33 on Monday. The stock has a market cap of $848.09 million, a P/E ratio of 21.27 and a beta of 1.52. CrossAmerica Partners has a twelve month low of $17.91 and a twelve month high of $24.19. The stock has a 50 day moving average of $22.50 and a two-hundred day moving average of $22.58. The company has a current ratio of 0.67, a quick ratio of 0.35 and a debt-to-equity ratio of 250.71.

CrossAmerica Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, May 3rd will be issued a $0.525 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.40%. CrossAmerica Partners’s payout ratio is 200.00%.

Analyst Ratings Changes

Separately, TheStreet downgraded shares of CrossAmerica Partners from a “b-” rating to a “c+” rating in a research report on Tuesday, February 27th.

CrossAmerica Partners Company Profile

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.