Global Partners (GLP) Tops Q4 EPS by 3c

Go back to Global Partners (GLP) Tops Q4 EPS by 3c

Global Partners Reports Financial Results for Fourth-Quarter and Full-Year 2015

February 29, 2016 8:01 AM EST

Partnership Provides Full-Year 2016 EBITDA Guidance

WALTHAM, Mass.--(BUSINESS WIRE)-- Global Partners LP (NYSE: GLP) today reported financial results for the fourth quarter and full year ended December 31, 2015.

The net loss attributable to Global for the fourth quarter of 2015 was $2.3 million, or $0.07 per limited partner unit, compared with net income attributable to the Partnership of $27.9 million, or $0.93 per diluted limited partner unit, for the fourth quarter of 2014.

Combined product margin for the fourth quarter of 2015 was $157.4 million, compared with $159.4 million for the fourth quarter of 2014.

Earnings before interest,... More