Powered by

CrossAmerica: 2Q Earnings Snapshot

Aug 05, 2019 - Associated Press Financial Wire

ALLENTOWN, Pa. (AP) _ CrossAmerica Partners LP (CAPL) on Monday reported second-quarter net income of $6.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Allentown, Pennsylvania-based company said it had net income of 18 cents.

The wholesale fuels distributor posted revenue of $605.5 million in the period.

CrossAmerica shares have climbed 15% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16....