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CrossAmerica: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — CrossAmerica Partners LP (CAPL) on Wednesday reported a loss of $18.2 million in its first quarter.

The Allentown, Pennsylvania-based company said it had a loss of 48 cents per share. Losses, adjusted for non-recurring costs, came to 4 cents per share.

The wholesale fuels distributor posted revenue of $941.5 million in the period.

CrossAmerica shares have declined nearly 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $22.17, a rise of 8% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAPL at https://www.zacks.com/ap/CAPL