est is for 73 cents.Let`s hope they are in ballpark.Keeping the divvy is the big thing.If its cut, stock will be cut.4th and 1st quarters should be enough to cover most of divvy.2nd and 3rd quarters should be positive with increasing gasoline sales.As we pay bank loans down this will add to earnings.As stated before, if stock deadlines for next year, you are earning 18%
If the dividend is cut to 8%, with a rosy forecast for dividend stability long term, then I think that should be neutral for the stock. I'm thinking that the current stock price is discounting a dividend cut already. An earnings surprise on the upside would be a major stock moving event that I would surely welcome.
Don`t be giving them ideas! They can pay the dividend AND pay the banks.You may be right about the upside earnings.Up about 14% on twice volume. Maybe cats out of the bag? They haven`t bought anything new for a while.One thing about GLP is they don`t rest on there laurels.If earnings are ok, and no divvy cut I`ll buy a bit more.