CrossAmerica Q3 net income rises on gains from asset sales

Reuters

Nov 06

CrossAmerica Q3 net income rises on gains from asset sales

Overview

CrossAmerica Q3 net income rises to $13.6 mln, driven by asset sales and lower interest expenses
Adjusted EBITDA for Q3 declines 6% yr/yr due to lower fuel and rent gross profit
Company declares quarterly distribution of $0.5250 per unit for Q3 2025

Outlook

Company did not provide specific guidance for future quarters or full year in the statement

Result Drivers

ASSET SALES - Gains from asset sales and lease terminations contributed to increased net income, with $7.4 mln in gains for Q3 2025
INTEREST EXPENSE - Decline in interest expense from $14.1 mln in Q3 2024 to $11.8 mln in Q3 2025 due to lower average interest rate and debt balance
RETAIL SEGMENT - Retail segment gross profit decreased 4% due to a decline in motor fuel gross profit, offset by increased merchandise gross profit

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Net Income		$13.60 mln
Q3 Adjusted EBITDA		$41.30 mln

Analyst Coverage

The one available analyst rating on the shares is "hold"
The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."
The stock recently traded at 102 times the next 12-month earnings vs. a P/E of 51 three months ago

Press Release: ID:nGNE75ZKcz

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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gas refining and marketing peer group is \"buy.\"</p></li><li><p>The stock recently traded at 102 times the next 12-month earnings vs. a P/E of 51 three months ago</p></li></ul><p>Press Release: <span>ID:nGNE75ZKcz</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAPL","symbol_name":"Crossamerica Partners LP","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nL1N3WH1JA:1","article_id":"2581085384","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581085384","pubTimestamp":1762382452,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CrossAmerica Q3 net income rises on gains from asset salesOverviewCrossAmerica Q3 net income rises to $13.6 mln, driven by asset sales and lower interest expensesAdjusted EBITDA for Q3 declines 6% yr/","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAPL":"Crossamerica Partners LP","BK4585":"ETF&股票定投概念","BK4149":"建筑机械与重型卡车","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","BK4567":"ESG概念","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}