GasLog Partners LP (GLOP) Releases Earnings Results, Misses Expectations By $-0.04 EPS

GasLog Partners LP (GLOP) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.49 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.53. The company posted revenue of $49.36 million in the period, compared to analysts expectations of $49.69 million. The company’s revenue was up 51.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Many Wall Street Analysts have commented on GasLog Partners LP. GasLog Partners LP was Upgraded by JP Morgan to ” Neutral” on Mar 16, 2016.

GasLog Partners LP closed down -0.2 points or -1.08% at $18.28 with 1,99,023 shares getting traded on Wednesday. Post opening the session at $18.55, the shares hit an intraday low of $18.1 and an intraday high of $19.35 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

GasLog Partners LP is a limited partnership. The Company is formed to own operate and acquire liquefied natural gas (LNG) carriers engaged in LNG transportation under long-term charters. The Company’s initial fleet will consist of GasLog Shanghai GasLog Santiago and GasLog Sydney. It generates revenues by charging customers for the transportation of their LNG using its LNG carriers.

GasLog Partners LP

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