Capital Product Partners (Nasdaq: CPLP ) is expected to report Q4 earnings on Jan. 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Capital Product Partners's revenues will compress -11.3% and EPS will expand 200.0%.
The average estimate for revenue is $39.0 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Capital Product Partners booked revenue of $38.0 million. GAAP reported sales were 23% higher than the prior-year quarter's $30.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.06. GAAP EPS of $0.06 for Q3 were 96% lower than the prior-year quarter's $1.52 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 67.0%, 130 basis points worse than the prior-year quarter. Operating margin was 29.1%, 730 basis points worse than the prior-year quarter. Net margin was 19.0%, 20,310 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $153.1 million. The average EPS estimate is $0.13.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 172 members out of 180 rating the stock outperform, and eight members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Capital Product Partners a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Capital Product Partners is outperform, with an average price target of $8.90.
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