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

Capital Clean Energy Carriers

09/11/2022 14:32

* Capital Product Partners LP  CPLP.OQ  reported quarterly
adjusted earnings of $2.90​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of $1.01 per share.
    * Revenue rose 66.6% to $71.86 million from a year ago;
analysts
expected $71.40 million. 
    * Capital Product Partners LP's reported EPS for the quarter
was
$2.90​.
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Capital Product Partners LP shares had risen by 13.4% this
quarter and lost 5.7% so far this year.
    * The company reported quarterly net income of $55.56
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 November
9 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.01           2.90           Beat
 Jun. 30 2022      1.14           1.00           Missed
 Mar. 31 2022      0.95           1.26           Beat
 Dec. 31 2021      0.61           0.97           Beat