Capital Clean Energy Carriers Corp reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-11-09
Capital Clean Energy Carriers Corp reports results for the quarter ended September 30 - Earnings Summary
  • Capital Clean Energy Carriers Corp CCEC.OQ reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of six analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 31 cents to 62 cents per share.

  • Revenue rose 11% to $106.04 million from a year ago; analysts expected $119.57 million.

  • Capital Clean Energy Carriers Corp's reported EPS for the quarter was a loss of 41 cents​.

  • The company reported a quarterly loss of $23.04 million.

  • Capital Clean Energy Carriers Corp shares had fallen by 2.2% this quarter and gained 29.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the oil & gas transportation services peer group is also "buy"

Wall Street's median 12-month price target for Capital Clean Energy Carriers Corp is $22.00

This summary was machine generated from LSEG data November 8 at 08:58 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

0.51

-0.41

Missed

Jun. 30 2024

0.17

0.33

Beat

Mar. 31 2024

0.33

0.32

Missed

Dec. 31 2023

0.55

0.48

Missed

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