Recap: Capital Product Partners Q1 Earnings

Capital Product Partners 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.

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.

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.

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