Capital Product Partners Q3 Adj. EPS $0.84 Beats $0.74 Estimate, Sales $95.53M Beat $88.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Capital Product Partners (CPLP) reported Q3 adjusted EPS of $0.84, surpassing the $0.74 estimate, marking a 47.37% increase from the previous year. Sales reached $95.53M, exceeding the $88.24M estimate, up 32.94% from last year.
November 13, 2023 | 12:01 pm
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Capital Product Partners reported strong Q3 results with EPS and sales beating estimates, indicating robust financial performance.
CPLP's reported earnings and sales not only beat analyst estimates but also showed significant improvement from the previous year. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in CPLP's stock price.
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