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

Capital Clean Energy Carriers

29/07/2022 13:44

* Capital Product Partners LP  CPLP.OQ  reported quarterly
adjusted earnings of $1.00​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for earnings of $1.14 per share.
    * Revenue rose 85.7% to $73.96 million from a year ago;
analysts
expected $72.74 million. 
    * Capital Product Partners LP's reported EPS for the quarter
was
$1.00​.
    * The mean earnings estimate of analysts had risen by
about 11.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Capital Product Partners LP shares had risen by 3.6% this
quarter and lost 2.5% so far this year.
    * The company reported quarterly net income of $20.42
million.
    * Wall Street's median 12-month price target for Capital
Product
Partners LP is $17.00 
    * 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 July 29
at 12:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.14           1.00           Missed
 Mar. 31 2022      0.95           1.26           Beat
 Dec. 31 2021      0.61           0.97           Beat
 Sep. 30 2021      0.43           0.62           Beat