GasLog Partners: Drops on profit miss for Q3

GasLog Partners LP

10/11/2020 13:50

** Shares of LNG carrier  GLOP.N  down 18.6% at $2.80
premarket
    ** Stock set to open at lowest in about seven months
    ** Co reports Q3 basic adjusted profit of 11 cents/shr,
missing est. of 17 cents/shr, according to IBES data from
Refinitiv  urn:newsml:reuters.com:*:nGNX7pmxpX
    ** Losses from vessel operating costs and expenses widened
in qtr - co
    ** Revenue fell ~25% in qtr
    ** As of last close, stock down ~78% YTD

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))