Earnings Preview: Capital Product Partners
Portfolio Pulse from Benzinga Insights
Capital Product Partners (NASDAQ:CPLP) is scheduled to release its quarterly earnings report on 2024-02-02, with analysts expecting an EPS of $0.63. The company's historical performance shows a pattern of beating EPS estimates, which has positively impacted its share price in the past. Shares are currently trading at $18.2, reflecting a 30.91% increase over the last 52 weeks. Investors are advised to watch for the company's guidance for the next quarter, as it can significantly affect stock prices.
February 01, 2024 | 3:01 pm
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POSITIVE IMPACT
Capital Product Partners is expected to report an EPS of $0.63 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have risen 30.91% over the last year.
CPLP has a history of exceeding EPS estimates, leading to positive stock price movements. Given the anticipation of an earnings beat and the company's past performance, there is a high likelihood of a positive short-term impact on CPLP's stock price, especially if the company provides favorable future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100