Global Partners LP (GLP) closed the most recent trading day at $24.75, moving -0.72% from the previous trading session. This change was narrower than the S&P 500's 1.51% loss on the day. Meanwhile, the Dow lost 1.71%, and the Nasdaq, a tech-heavy index, lost 0.02%.Prior to today's trading, shares of the company had lost 11.12% over the past month. This has was narrower than the Oils-Energy sector's loss of 13.2% and lagged the S&P 500's loss of 9.52% in that time.Global Partners LP will be looking to display strength as it nears its next earnings release. On that day, Global Partners LP is projected to report earnings of $1.33 per share, which would represent year-over-year growth of 54.65%. Our most recent consensus estimate is calling for quarterly revenue of $4.11 billion, up 23.8% from the year-ago period.GLP's full-year Zacks Consensus Estimates are calling for earnings of $7.17 per share and revenue of $18.58 billion. These results would represent year-over-year changes of +447.33% and +40.26%, respectively.Investors should also note any recent changes to analyst estimates for Global Partners LP. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Global Partners LP is currently a Zacks Rank #1 (Strong Buy).Valuation is also important, so investors should note that Global Partners LP has a Forward P/E ratio of 3.48 right now. Its industry sports an average Forward P/E of 8.05, so we one might conclude that Global Partners LP is trading at a discount comparatively.The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 69, putting it in the top 28% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.>>Yes, I Want to Help Protect My Portfolio During the RecessionWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Global Partners LP (GLP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research