Green Plains Partners LP (NASDAQ:GPP) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GPP to report 3Q20 income of $ 0.42 per share.
For the full year, analysts anticipate top line of $ 81.00 million, while looking forward to income of $ 1.72 per share bottom line.
Previous Quarter Performance
Green Plains Partners LP revealed income for the second quarter of $ 0.43 per share, from the revenue of $ 20.38 million. The quarterly earnings reduced 4.44 percent while revenues decreased 4.14 percent compared with the same quarter last year.
Street analysts expected Green Plains Partners LP to report income of $ 0.32 per share on revenue of $ 18.69 million for the second quarter. The bottom line results beat street analysts by $ 0.11 or 34.38 percent, at the same time, top line results outshined analysts by $ 1.69 million or 9.04 percent.
Stock Performance
Shares of Green Plains Partners LP traded up $ 0.10 or 1.28 percent on Tuesday, reaching $ 7.91 with volume of 18.00 thousand shares. Green Plains Partners LP has traded high as $ 8.08 and has cracked $ 7.71 on the downward trend
According to the previous trading day, closing price of $ 7.91, representing a 125.07 % increase from the 52 week low of $ 3.47 and a 47.27 % decrease over the 52 week high of $ 14.81.
The company has a market capital of $ 183.58 million and is part of the Energy sector and Oil & Gas Midstream industry.
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.
