Sprague Resources LP (NYSE:SRLP) is scheduled to be releasing its earnings data before the market opens on Monday, November 6th. Analysts expect Sprague Resources to post earnings of $0.04 per share for the quarter.

Sprague Resources (NYSE:SRLP) last posted its earnings results on Wednesday, August 9th. The oil and gas company reported ($0.39) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.40). The business had revenue of $513.63 million for the quarter, compared to analyst estimates of $529.66 million. Sprague Resources had a net margin of 1.77% and a return on equity of 29.64%. On average, analysts expect Sprague Resources to post $4 EPS for the current fiscal year and $3.44 EPS for the next fiscal year.

Sprague Resources LP (NYSE:SRLP) opened at 25.95 on Monday. Sprague Resources LP has a 12-month low of $22.50 and a 12-month high of $30.75. The company’s 50 day moving average is $25.23 and its 200 day moving average is $26.50. The firm has a market cap of $584.99 million, a price-to-earnings ratio of 12.94 and a beta of 1.38.

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Shareholders of record on Monday, November 6th will be given a $0.6225 dividend. This represents a $2.49 annualized dividend and a yield of 9.60%. This is an increase from Sprague Resources’s previous quarterly dividend of $0.61. The ex-dividend date is Friday, November 3rd. Sprague Resources’s payout ratio is currently 119.70%.

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SRLP has been the subject of several recent research reports. Zacks Investment Research raised shares of Sprague Resources from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. BidaskClub raised shares of Sprague Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st.

About Sprague Resources

Earnings History for Sprague Resources (NYSE:SRLP)

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