Capital Clean Energy Carriers Corp (CCEC) Q3 2024 Earnings Report Preview: What To Look For

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Nov 07, 2024

Capital Clean Energy Carriers Corp (CCEC, Financial) is set to release its Q3 2024 earnings on Nov 8, 2024. The consensus estimate for Q3 2024 revenue is $118.02 million, and the earnings are expected to come in at $0.76 per share. The full year 2024's revenue is expected to be $439.48 million and the earnings are expected to be $2.26 per share. More detailed estimate data can be found on the Forecast page.

Capital Clean Energy Carriers Corp (CCEC, Financial) Estimates Trends

Over the past 90 days, both revenue and earnings estimates for Capital Clean Energy Carriers Corp (CCEC) have remained steady. The revenue estimates are consistent at $439.48 million for the full year 2024 and $0.46 billion for 2025. Similarly, earnings estimates have remained stable at $2.26 per share for the full year 2024 and $1.98 per share for 2025.

Capital Clean Energy Carriers Corp (CCEC, Financial) Reported History

In the previous quarter of June 30, 2024, Capital Clean Energy Carriers Corp's (CCEC) actual revenue was $97.67 million, which beat analysts' revenue expectations of $92.61 million by 5.47%. Capital Clean Energy Carriers Corp's (CCEC) actual earnings were $0.62 per share, which beat analysts' earnings expectations of $0.22 per share by 181.82%. After releasing the results, Capital Clean Energy Carriers Corp (CCEC) was down by -2.32% in one day.

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Capital Clean Energy Carriers Corp (CCEC, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Capital Clean Energy Carriers Corp (CCEC) is $21.75 with a high estimate of $25 and a low estimate of $18. The average target implies an upside of 15.45% from the current price of $18.84.

Based on GuruFocus estimates, the estimated GF Value for Capital Clean Energy Carriers Corp (CCEC, Financial) in one year is $8.83, suggesting a downside of -53.13% from the current price of $18.84.

Based on the consensus recommendation from 4 brokerage firms, Capital Clean Energy Carriers Corp's (CCEC, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.