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Stock impact report

CrossAmerica Partners LP Reports Year-End and Fourth Quarter 2018 Results

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: GlobeNewswire
Allentown, PA, Feb. 25, 2019 (GLOBE NEWSWIRE) -- CrossAmerica Partners LP Reports Year-End and Fourth Quarter 2018 Results Reported Full Year 2018 Operating Income of $35.0 million and Net Income of $5.2 million, driven by the performance of both the Wholesale and Retail segments.Generated Full Year 2018 Adjusted EBITDA of $113.4 million and Distributable Cash Flow of $78.0 million, respectively.Reported Fourth Quarter 2018 Operating Income of $15.5 million and Net Income of $7.7 millionGenerated Fourth Quarter 2018 Adjusted EBITDA of $30.5 million and Distributable Cash Flow of $21.4 million, respectively.Reported Full Year 2018 Gross Profit for the Wholesale segment of $133.0 million or an 8% increase when compared to the Full Year 2017 and $35.1 million or a 14% increase for the Fourth Quarter 2018 when compared to the Fourth Quarter 2017.Distribution Coverage for the Full Year 2018 was 1.03 times compared to 0.97 times for the Full Year 2017 and 1.19 times for the Fourth Quar Show less Read more
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