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Stock impact report

CrossAmerica Partners LP Reports First Quarter 2024 Results [Yahoo! Finance]

CrossAmerica Partners LP Common Units representing limited partner interests (CAPL) 
Last crossamerica partners lp common units representing limited partner interests earnings: 2/25 04:18 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Reported First Quarter 2024 Net Loss of $17.5 million that includes a $15.9 million loss on lease terminations with Applegreen, Adjusted EBITDA of $23.6 million and Distributable Cash Flow of $11.7 million compared to a Net Loss of $1.0 million, Adjusted EBITDA of $31.7 million and Distributable Cash Flow of $19.1 million for the First Quarter 2023 Reported First Quarter 2024 Gross Profit for the Wholesale Segment of $27.0 million compared to $31.2 million of Gross Profit for the First Quarter 2023 and First Quarter 2024 Gross Profit for the Retail Segment of $54.4 million compared to $50.8 million of Gross Profit for the First Quarter 2023 Leverage, as defined in the CAPL Credit Facility, was 4.49 times as of March 31, 2024, compared to 4.21 times as of December 31, 2023 The Distribution Coverage Ratio for the trailing twelve months ended March 31, 2024 was 1.37 times compared to 1.70 times for the comparable period of 2023 Began conversions of Applegreen lessee dealer locat Show less Read more
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