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

Capital Clean Energy Carriers

05/05/2023 14:29

* Capital Product Partners LP  CPLP.OQ  reported quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 80 cents per share.
    * Revenue rose 10.4% to $81.02 million from a year ago;
analysts
expected $76.90 million. 
    * Capital Product Partners LP's reported EPS for the quarter
was
49 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Capital Product Partners LP shares had fallen by 7.4% this
quarter and lost 8.9% so far this year.
    * The company reported quarterly net income of $10.03
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 May
5 at 01:29 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      1.14           1.00           Missed