Capital Product Partners LP reports results for the quarter ended in December - Earnings Summary

Capital Clean Energy Carriers

03/02/2023 14:32

* Capital Product Partners LP  CPLP.OQ  reported quarterly
adjusted earnings of $1.03​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 94 cents per share.
    * Revenue rose 25.7% to $79.90 million from a year ago;
analysts
expected $74.01 million. 
    * Capital Product Partners LP's reported EPS for the quarter
was
$1.03​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Capital Product Partners LP shares had risen by 1.1% this
quarter.
    * The company reported quarterly net income of $20.05
million.
    * Wall Street's median 12-month price target for Capital
Product
Partners LP is $19.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
3 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.94           1.03           Beat
 Sep. 30 2022      1.01           2.90           Beat
 Jun. 30 2022      1.14           1.00           Missed
 Mar. 31 2022      0.95           1.26           Beat