Capital Product Partners (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
