Green Plains Partners: 4Q Earnings Snapshot
OMAHA, Neb. (AP) _ Green Plains Partners LP (GPP) on Monday reported fourth-quarter net income of $14.1 million.
On a per-share basis, the Omaha, Nebraska-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring gains, were 41 cents per share.
The ethanol and fuel storage company posted revenue of $23.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $27.1 million.
For the year, the company reported profit of $55.7 million, or $1.71 per share. Revenue was reported as $100.7 million.
Green Plains Partners shares have risen almost 7 percent since the beginning of the year. The stock has fallen 17 percent in the last 12 months.