Recap: Capital Product Partners Q1 Earnings

Capital Product Partners CPLP reported its Q1 earnings results on Friday, May 6, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Capital Product Partners beat estimated earnings by 32.63%, reporting an EPS of $1.26 versus an estimate of $0.95.

Revenue was up $35.21 million from the same period last year.

Last quarter the company beat on EPS by $0.34 which was followed by a 3.47% drop in the share price the next day.

Here's a look at Capital Product Partners's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.60	0.43	0.55	0.40
EPS Actual	0.94	0.62	1.89	0.57
Revenue Estimate	56.28M	37.15M	37.49M	36.23M
Revenue Actual	63.57M	43.12M	39.82M	38.14M

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.