earnings
confidence high
sentiment positive
materiality 0.80
Global Partners Q2 net income $46.1M, EPS $1.10, up 11% YoY
GLOBAL PARTNERS LP
- Net income $46.1M ($1.10/diluted unit) vs $41.4M ($1.05) YoY.
- EBITDA $118.8M vs $90.7M; Adjusted EBITDA $121.1M vs $90.4M.
- Wholesale segment expanded via >$500M acquisitions; storage capacity doubled to 21.4M barrels.
- DCF $73.1M vs $54.8M; Adjusted DCF $74.2M vs $53.3M.
- Gross profit $287.9M vs $242.7M; combined product margin $319.6M vs $265.6M.