UPDATE: GasLog Partners (GLOP) Misses Q4 EPS by 2c, To Lower Dividend

GasLog Partners (NYSE: GLOP) reported Q4 EPS of $0.46, $0.02 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $96.5 million versus the consensus estimate of $97.5 million.

• Based on a revised future capital allocation strategy and in order to prioritize balance sheet strength, issued guidance that quarterly distributions per common unit are expected to be reduced to $0.125 per unit, or $0.50 on an annualized basis, beginning with the first quarter of 2020.

For earnings history and earnings-related data on GasLog Partners (GLOP) click here.

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