CrossAmerica: Q1 Earnings Snapshot

May 9, 2022 GMT

ALLENTOWN, Pa. (AP) _ CrossAmerica Partners LP (CAPL) on Monday reported first-quarter net income of $5 million, after reporting a loss in the same period a year earlier.

The Allentown, Pennsylvania-based company said it had net income of 13 cents per share.

The wholesale fuels distributor posted revenue of $1.09 billion in the period.

CrossAmerica shares have climbed nearly 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.75, a decrease of 3% in the last 12 months.


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