Global Partners (GLP) Projected to Announce Quarterly Earnings on Friday

Global Partners (NYSE:GLP) is expected to be releasing its Q2 2026 results before the market opens on Friday, August 7th. Analysts expect the company to announce earnings of $1.24 per share and revenue of $7.5066 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, August 7, 2026 at 10:00 AM ET.

Global Partners (NYSE:GLP) last released its quarterly earnings data on Friday, May 8th. The energy company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $1.52. Global Partners had a return on equity of 24.23% and a net margin of 0.77%.The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $6.98 billion. On average, analysts expect Global Partners to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Global Partners Stock Performance

Shares of NYSE GLP opened at $48.76 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.64 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $1.66 billion, a P/E ratio of 13.54 and a beta of 1.01. Global Partners has a 12 month low of $39.58 and a 12 month high of $53.25. The stock has a 50 day moving average of $47.63 and a 200-day moving average of $47.27.

Global Partners Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.12 annualized dividend and a yield of 6.4%. This is a positive change from Global Partners’s previous quarterly dividend of $0.77. Global Partners’s payout ratio is 85.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GLP shares. Weiss Ratings upgraded shares of Global Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of Global Partners from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. Finally, Zacks Research downgraded shares of Global Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.00.

Hedge Funds Weigh In On Global Partners

Several institutional investors and hedge funds have recently modified their holdings of GLP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global Partners by 4.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,937,895 shares of the energy company’s stock worth $93,019,000 after acquiring an additional 85,347 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Global Partners by 12.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 608,283 shares of the energy company’s stock valued at $25,457,000 after purchasing an additional 67,337 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Global Partners by 13.1% during the 4th quarter. JPMorgan Chase & Co. now owns 440,167 shares of the energy company’s stock valued at $18,421,000 after purchasing an additional 50,890 shares during the last quarter. UBS Group AG grew its holdings in shares of Global Partners by 26.6% during the 3rd quarter. UBS Group AG now owns 235,024 shares of the energy company’s stock valued at $11,281,000 after purchasing an additional 49,319 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Global Partners during the 1st quarter worth approximately $862,000. 38.12% of the stock is currently owned by institutional investors and hedge funds.

Global Partners Company Profile

Global Partners LP is a publicly traded master limited partnership engaged in the wholesale distribution and retail marketing of petroleum products. The company sources refined petroleum products from major refineries and suppliers and transports them through an integrated network of pipelines, terminals and storage facilities. Global Partners focuses on delivering fuel and related services to commercial, industrial and residential customers, positioning itself as a key midstream and downstream energy operator in its core markets.

Through its extensive terminal network in the northeastern United States and eastern Canada, Global Partners supplies gasoline, diesel, home heating oil, kerosene, propane and biofuels to a broad customer base.