Global Partners LP's stock surged 6.41% in pre-market trading, following the release of its first-quarter 2026 financial results that significantly exceeded analyst expectations.

The company reported quarterly earnings of $1.85 per unit, beating the analyst consensus estimate of $0.33 by 460.61%. Net income more than tripled to $70.1 million compared to the same period last year, driven by favorable market conditions across its business segments.

Management cited solid execution and advantages of its integrated platform, with particular strength in the wholesale segment where product margin expanded due to more favorable conditions in gasoline and residual oil markets. Higher fuel margins also contributed to increased profitability in gasoline distribution operations.