EPS for Green Plains Partners LP (GPP) Expected At $0.49

October 13, 2017 - By Clifton Ray

 EPS for Green Plains Partners LP (GPP) Expected At $0.49

Wall Street await Green Plains Partners LP (NASDAQ:GPP) to release earnings on October, 30. Analysts forecast earnings per share of $0.49, up exactly $0.05 or 11.36 % from 2014’s $0.44 EPS. The expected GPP’s profit could reach $15.59 million giving the stock 10.26 P/E in the case that $0.49 earnings per share is reported. After posting $0.40 EPS for the previous quarter, Green Plains Partners LP’s analysts now forecast 22.50 % EPS growth. The stock decreased 0.25% or $0.05 on October 12, reaching $20.1. About 15,470 shares traded or 0.81% up from the average. Green Plains Partners LP (NASDAQ:GPP) has risen 41.98% since October 13, 2016 and is uptrending. It has outperformed by 25.28% the S&P500.

Green Plains Partners LP (NASDAQ:GPP) Ratings Coverage

Among 11 analysts covering Green Plains Partners LP (NASDAQ:GPP), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Green Plains Partners LP had 25 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, September 26 by Robert W. Baird. RBC Capital Markets maintained it with “Buy” rating and $22.0 target in Sunday, September 17 report. The stock of Green Plains Partners LP (NASDAQ:GPP) earned “Equal Weight” rating by Barclays Capital on Monday, January 11. The company was initiated on Tuesday, July 21 by Bank of America. Stifel Nicolaus downgraded Green Plains Partners LP (NASDAQ:GPP) rating on Wednesday, November 2. Stifel Nicolaus has “Hold” rating and $22 target. The stock has “Outperform” rating by Robert W. Baird on Tuesday, July 21. The stock of Green Plains Partners LP (NASDAQ:GPP) has “Sell” rating given on Wednesday, August 2 by Bank of America. The rating was initiated by Raymond James on Tuesday, July 21 with “Strong Buy”. Credit Suisse initiated Green Plains Partners LP (NASDAQ:GPP) on Tuesday, July 21 with “Outperform” rating. The firm earned “Buy” rating on Thursday, July 27 by Stifel Nicolaus.

Green Plains Partners LP provides fuel storage and transportation services. The company has market cap of $639.44 million. The Firm owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. It has a 10.89 P/E ratio. The Company’s parent firm is Green Plains Inc. .

More notable recent Green Plains Partners LP (NASDAQ:GPP) news were published by: Seekingalpha.com which released: “Niche LP Yields 9%, 6 Straight Distribution Hikes, Strong Coverage And Growth” on July 22, 2017, also Nasdaq.com with their article: “Green Plains Partners LP (GPP) Ex-Dividend Date Scheduled for May 03, 2017” published on May 02, 2017, Nasdaq.com published: “Green Plains Partners LP (GPP) Ex-Dividend Date Scheduled for August 02, 2017” on August 01, 2017. More interesting news about Green Plains Partners LP (NASDAQ:GPP) were released by: Globenewswire.com and their article: “Green Plains Partners Announces Resignation of John D. Chandler from its Board” published on September 06, 2017 as well as Nasdaq.com‘s news article titled: “Green Plains Partners LP (GPP) Ex-Dividend Date Scheduled for August 03, 2016” with publication date: August 02, 2016.

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