Wall Street analysts expect Western Refining Logistics, LP (NYSE:WNRL) to announce earnings of $0.39 per share for the current quarter, according to Zacks. Two analysts have issued estimates for Western Refining Logistics,’s earnings. The lowest EPS estimate is $0.34 and the highest is $0.42. Western Refining Logistics, posted earnings per share of $0.33 during the same quarter last year, which indicates a positive year over year growth rate of 18.2%. The business is expected to issue its next earnings report on Tuesday, August 1st.

On average, analysts expect that Western Refining Logistics, will report full-year earnings of $1.61 per share for the current year, with EPS estimates ranging from $1.50 to $1.68. For the next fiscal year, analysts expect that the business will report earnings of $1.93 per share, with EPS estimates ranging from $1.48 to $2.55. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Western Refining Logistics,.

Western Refining Logistics, (NYSE:WNRL) last issued its quarterly earnings data on Tuesday, May 2nd. The pipeline company reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by $0.14. Western Refining Logistics, had a return on equity of 93.85% and a net margin of 3.07%. The company had revenue of $604.69 million for the quarter, compared to the consensus estimate of $594.45 million. During the same quarter last year, the business earned $0.28 earnings per share. Western Refining Logistics,’s revenue was up 29.2% compared to the same quarter last year.

A number of research firms have commented on WNRL. Zacks Investment Research lowered Western Refining Logistics, from a “hold” rating to a “sell” rating in a research report on Wednesday. BidaskClub raised Western Refining Logistics, from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $29.67.

Western Refining Logistics, (WNRL) traded up 0.19% during midday trading on Monday, reaching $26.00. The company had a trading volume of 83,983 shares. The company has a 50-day moving average price of $25.20 and a 200-day moving average price of $24.08. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 20.16 and a beta of 0.81. Western Refining Logistics, has a one year low of $18.85 and a one year high of $26.25.

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Hedge funds and other institutional investors have recently made changes to their positions in the company. Koch Industries Inc. purchased a new position in shares of Western Refining Logistics, during the first quarter valued at about $210,000. Envestnet Asset Management Inc. raised its position in shares of Western Refining Logistics, by 118.0% in the first quarter. Envestnet Asset Management Inc. now owns 8,473 shares of the pipeline company’s stock valued at $216,000 after buying an additional 4,586 shares in the last quarter. Wealthsource Partners LLC purchased a new position in shares of Western Refining Logistics, during the first quarter valued at about $232,000. Global X Management Co. LLC raised its position in shares of Western Refining Logistics, by 4.0% in the first quarter. Global X Management Co. LLC now owns 9,530 shares of the pipeline company’s stock valued at $243,000 after buying an additional 370 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Western Refining Logistics, by 13.6% in the first quarter. California Public Employees Retirement System now owns 18,400 shares of the pipeline company’s stock valued at $468,000 after buying an additional 2,200 shares in the last quarter. 44.31% of the stock is owned by hedge funds and other institutional investors.

Western Refining Logistics, Company Profile

Western Refining Logistics, LP owns, operates, develops, and acquires logistics and related assets and businesses to include terminals, storage tanks, pipelines and other logistics assets related to the terminaling, transportation, storage and distribution of crude oil and refined products. The Company’s segments include logistics and wholesale.

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