CrossAmerica: Q1 Earnings Snapshot
By AP News
Published - May 08, 2023, 05:12 PM ET
Last Updated - Jun 21, 2023, 09:52 PM EDT
ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — CrossAmerica Partners LP (CAPL) on Monday reported a first-quarter loss of $1.6 million, after reporting a profit in the same period a year earlier.
The Allentown, Pennsylvania-based company said it had a loss of 4 cents per share.
The wholesale fuels distributor posted revenue of $1.02 billion in the period.
CrossAmerica shares have climbed slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.50, a climb of slightly more than 2% in the last 12 months.
