CrossAmerica Partners (CAPL) Scheduled to Post Quarterly Earnings on Wednesday

CrossAmerica Partners (NYSE:CAPL) will be releasing its earnings data after the market closes on Wednesday, August 7th. Analysts expect CrossAmerica Partners to post earnings of $0.06 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

CrossAmerica Partners (NYSE:CAPL) last issued its earnings results on Wednesday, May 8th. The oil and gas company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The firm had revenue of $941.55 million during the quarter, compared to analyst estimates of $1.17 billion. CrossAmerica Partners had a net margin of 0.56% and a return on equity of 701.44%. On average, analysts expect CrossAmerica Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CrossAmerica Partners Price Performance

CAPL stock opened at $18.80 on Tuesday. The company has a 50 day simple moving average of $19.95 and a 200 day simple moving average of $21.36. The stock has a market cap of $714.77 million, a price-to-earnings ratio of 30.81 and a beta of 1.50. CrossAmerica Partners has a 1 year low of $18.43 and a 1 year high of $24.19. The company has a debt-to-equity ratio of 250.71, a current ratio of 0.77 and a quick ratio of 0.41.

CrossAmerica Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 9th. Shareholders of record on Friday, August 2nd will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 11.17%. The ex-dividend date of this dividend is Friday, August 2nd. CrossAmerica Partners’s dividend payout ratio (DPR) is currently 344.26%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of CrossAmerica Partners from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 9th.

CrossAmerica Partners Company Profile

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.