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.

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.

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