Western Refining Logistics, LP (WNRL) Set to Announce Quarterly Earnings on Monday
Western Refining Logistics, LP (NYSE:WNRL) will be announcing its earnings results after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.
Western Refining Logistics, (NYSE:WNRL) last posted its earnings results on Tuesday, August 8th. The pipeline company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.11). The business had revenue of $627.51 million for the quarter, compared to analyst estimates of $602.22 million. Western Refining Logistics, had a return on equity of 78.84% and a net margin of 3.05%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 earnings per share. On average, analysts expect Western Refining Logistics, to post $1.31 EPS for the current fiscal year and $1.58 EPS for the next fiscal year.
Western Refining Logistics, LP (NYSE:WNRL) traded down 1.04% during trading on Monday, reaching $23.80. 17,523 shares of the company’s stock traded hands. Western Refining Logistics, LP has a 12 month low of $18.85 and a 12 month high of $26.85. The firm has a 50 day moving average price of $25.37 and a 200-day moving average price of $25.21. The firm has a market cap of $1.45 billion, a PE ratio of 19.18 and a beta of 0.79.
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WNRL has been the topic of several recent research reports. Zacks Investment Research lowered shares of Western Refining Logistics, from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. BidaskClub lowered shares of Western Refining Logistics, from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $35.00.
Western Refining Logistics, Company Profile
Western Refining Logistics, LP owns, operates, develops, and acquires logistics and related assets and businesses to include terminals, storage tanks, pipelines and other logistics assets related to the terminaling, transportation, storage and distribution of crude oil and refined products. The Company’s segments include logistics and wholesale.
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