Capital Product Partners (NASDAQ:CPLP) reported its Q1 earnings results on Friday, May 5, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Capital Product Partners missed estimated earnings by 38.75%, reporting an EPS of $0.49 versus an estimate of $0.8.
Revenue was up $7.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 0.8% increase in the share price the next day.
Here’s a look at Capital Product Partners’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.94 | 1.01 | 1.13 | 0.95 |
| EPS Actual | 1.03 | 0.57 | 1 | 1.26 |
| Revenue Estimate | 74.01M | 71.40M | 72.73M | 69.90M |
| Revenue Actual | 79.90M | 71.86M | 73.96M | 73.36M |
To track all earnings releases for Capital Product Partners visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
