Capital Product Partners Shares Slightly Higher After Earnings, Revenue Rise in Q2

MT Newswires Live

2024-08-02

Capital Product Partners Shares Slightly Higher After Earnings, Revenue Rise in Q2

Capital Product Partners (CPLP) was slightly higher

Friday after reporting Q2 earnings Friday of $0.62 per unit, up from $0.36 a year earlier.

An analyst polled by Capital IQ expected $0.05.

Revenue for the quarter ended June 30 was $97.7 million compared with $88.5 million a year earlier.

An analyst polled by Capital IQ expected $97.4 million.

Capital Product Partners were up 0.3% in recent trading.

Price: 16.11, Change: +0.05, Percent Change: +0.28

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