Andeavor Logistics LP (ANDX) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Andeavor Logistics LP (NASDAQ:ANDX) announced its earnings results on Tuesday. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by $0.01, Morningstar.com reports. The firm had revenue of $413 million during the quarter, compared to analyst estimates of $441.69 million.

Shares of Andeavor Logistics (ANDX) traded down 0.34% during midday trading on Wednesday, hitting $50.14. The stock had a trading volume of 541,919 shares. Andeavor Logistics has a one year low of $43.00 and a one year high of $60.14. The firm has a market capitalization of $5.42 billion and a PE ratio of 28.82. The firm’s 50-day moving average price is $50.96 and its 200-day moving average price is $53.77.

The business also recently announced a dividend, which will be paid on Monday, August 14th. Stockholders of record on Friday, August 4th will be issued a dividend of $0.971 per share. The ex-dividend date of this dividend is Wednesday, August 2nd.

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