earnings
confidence high
sentiment neutral
materiality 0.60
CrossAmerica Q1 net loss narrows to $7.1M; Adjusted EBITDA up but distribution coverage falls to 1.04x
CrossAmerica Partners LP
2025-Q1 EPS reported
-$0.20
revenue$862,475,000
- Net loss $7.1M vs $17.5M loss YoY; Adjusted EBITDA $24.3M vs $23.6M.
- Retail gross profit up 16% to $63.2M on site conversions; wholesale gross profit down 1% to $26.7M.
- Distributable cash flow $9.1M vs $11.7M; distribution coverage 1.04x (trailing 12 months) vs 1.37x.
- Leverage 4.27x (down from 4.36x); sold 7 sites for $8.6M, net gain $5.6M.
- Quarterly distribution $0.5250/unit payable May 15.