GasLog Partners LP (NYSE:GLOP) is reporting third quarter earnings results on Tuesday 10th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.15 per share.
For the full year, analysts predict revenues of $ 328.94 million, while looking forward to income of $ 1.19 per share.
Previous Quarter Performance
GasLog Partners LP unwinded income for the second quarter of $ 0.38 per share, from the revenue of $ 84.45 million. The quarterly earnings expanded 52.00 percent while revenues reduced 8.02 percent compared with the same quarter last year.
Wall street analysts are predicting, GLOP to report 2Q20 income of $ 0.28 per share from revenue of $ 79.40 million. The bottom line results beat street analysts by $ 0.1 or 35.71 percent, at the same time, top line results outshined analysts by $ 5.05 million or 6.36 percent.
Stock Performance
Shares of GasLog Partners LP traded up $ 0.33 or 10.61 percent on Monday, reaching $ 3.44 with volume of 331.90 thousand shares. GasLog Partners LP has traded high as $ 3.56 and has cracked $ 3.30 on the downward trend
According to the previous trading day, closing price of $ 3.44, representing a 105.96 % increase from the 52 week low of $ 1.51 and a 82.83 % decrease over the 52 week high of $ 18.11.
The company has a market capital of $ 172.85 million and is part of the Energy sector and Oil & Gas Midstream industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.125 per share on August 5, 2020. The dividend were payable on August 20, 2020 to holders of record as of the close of business on August 17, 2020 and ex-dividend date on August 14, 2020.
Conference Call
GasLog Partners LP will be hosting a conference call at 8:30 AM eastern time on 10th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gaslogmlp.com
GasLog Partners LP owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters. As of February 26, 2019, its fleet consists of 14 LNG carriers with an average carrying capacity of approximately 157,000 cubic meters. The company was founded in 2014 and is based in Monaco.
