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Global Partners (GLP) Posts Stronger Earnings, Is The Stock Still Cheap?

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Global Partners (GLP) Posts Stronger Earnings, Is The Stock Still Cheap?

Global Partners (GLP) just posted third quarter earnings that showed higher sales, net income, and earnings per unit versus last year, and the partnership picked up a Zacks Rank #1 rating shortly after. Global Partners’ recent Zacks Rank upgrade and strong quarterly report come

Directly affected

  • GLP Global Partners-8.3% 30d

    Named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Global Partners belongs to, so it often moves with news about it.

  • MCK McKesson+16.8% 30d

    McKesson is a large consumer company like Global Partners; big names in a sector often move together.

  • COR Cencora+10.4% 30d

    Cencora is a large consumer company like Global Partners; big names in a sector often move together.

  • CAH Cardinal Health+6.2% 7d

    Cardinal Health is a large consumer company like Global Partners; big names in a sector often move together.

  • SYY Sysco-1.1% 30d

    Sysco is a large consumer company like Global Partners; big names in a sector often move together.

  • USFD US Foods Holding

    US Foods Holding is a large consumer company like Global Partners; big names in a sector often move together.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GLP-6.70%-1.03%baseafter closeafter closeafter closeafter close
XLY+0.82%+0.83%baseafter closeafter closeafter closeafter close
MCK-4.12%-2.19%baseafter closeafter closeafter closeafter close
COR-3.58%-2.56%baseafter closeafter closeafter closeafter close
CAH-2.49%-1.31%baseafter closeafter closeafter closeafter close
SYY+1.69%-0.19%baseafter closeafter closeafter closeafter close
USFD+1.44%+1.24%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Global Partners (GLP) Posts Stronger Earnings, Is The Stock Still Cheap? Simply Wall St

Source: Simply Wall St

This story

CompanyWhenMoveStatus
CAHthree days earlier-1.31%final price
CAHfive days earlier-2.49%final price
CORthree days earlier-2.56%final price
CORfive days earlier-3.58%final price
GLPthree days earlier-1.03%final price
GLPfive days earlier-6.70%final price
MCKthree days earlier-2.19%final price
MCKfive days earlier-4.12%final price
SYYthree days earlier-0.19%final price
SYYfive days earlier+1.69%final price
USFDthree days earlier+1.24%final price
USFDfive days earlier+1.44%final price
XLYthree days earlier+0.83%final price
XLYfive days earlier+0.82%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Global Partners (GLP) Posts Stronger Earnings, Is The Stock Still Cheap?” scores 12 out of 100. The score uses 1 sources.