Global Partners LP (NASDAQ:GLP) Expected To Report Earnings On Monday
Analysts await Global Partners LP (NASDAQ:GLP) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $-0.12 EPS, down 866.67% or $1.04 from last year’s $0.92 per share.
At the moment 7 analysts are watching Global Partners LP (NASDAQ:GLP), 1 rate it “Buy”, 0 “Outperform”, 6 “Underperform”, 0 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 3 analysts have a mean sales target of 2,208.72 million. For the quarter ending Sep-16, 3 analysts have a mean sales target of 2,357.28 million whilst for the year ending Dec-16, 4 analysts have a mean target of 9,207.06 million.
In terms of earnings per share, 7 analysts have a -0.07 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 7 analysts have a 0.01 EPS mean target and for the quarter ending Sep-16 there are 7 estimates of -0.35 EPS.
The biggest institutional shareholders in Global Partners LP include OppenheimerFunds Inc which owns 3 million shares in the company valued at $57.35 million. Kayne Anderson Capital Advisors LP is the second biggest holder with 3 million shares currently valued at 56.12 million whilst OFI SteelPath, Inc. has 3 million shares valued at 54.82 million.
Total shares held by institutions as of the most recent company filings are 16,924,160 with a reported 1,833,576 bought and 2,733,425 sold. These holdings make up 49.74% of the company’s outstanding shares.
Currently insiders hold 326,299 shares in the business which makes up 0.96% of shares. The biggest holder currently is Mr. Sukesh Mohan who owns 613,105 shares (1.80% of those outstanding), whilst Eric Slifka holds 596,757 (1.76% of shares outstanding) and Andrew P. Slifka holds 496,372 (1.46% of shares outstanding).
The stock increased 5.35% or $0.68 during the last trading session, hitting $13.50. Global Partners LP (NASDAQ:GLP) has fallen 97.19% over the past 6 months and is downtrending.

