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

Capital Clean Energy Carriers

28/07/2023 14:31

* Capital Product Partners LP  CPLP.OQ  reported quarterly
adjusted earnings of 36 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 69 cents per share.
    * Revenue rose 19.7% to $88.54 million from a year ago;
analysts
expected $82.38 million. 
    * Capital Product Partners LP's reported EPS for the quarter
was
36 cents​.
    * The mean earnings estimate of analysts had fallen by
about 23%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Capital Product Partners LP shares had risen by 9.1% this
quarter and gained 10.3% so far this year.
    * The company reported quarterly net income of $7.41
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 LSEG Refinitiv data July
28 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.69           0.36           Missed
 Mar. 31 2023      0.80           0.49           Missed
 Dec. 31 2022      0.94           1.03           Beat
 Sep. 30 2022      1.01           2.90           Beat