Capital Product Partners L.P. (CPLP) Earnings Preview For Quarterly Earnings Release Date
Capital Product Partners L.P. (NASDAQ:CPLP) is expected to report earnings for last fiscal quarter before the opening bell on January 31, 2012.
Capital Product Partners L.P., a shipping company, provides seaborne transportation of refined oil products and chemicals. It provides marine transportation services under medium- to long-term time charters or bareboat charters. The company was founded in 2007 and is headquartered in Piraeus, Greece.
52 Week High: $11.39
52 Week Low: $4.85
Book Value: $11.32
Float Short: 0.14%
Wall Street is expecting $0.06 per share , based on earnings estimates.
In the last month, the stock has increased in price 22.65%, and -23.90% from one year ago.
The stock has done very well as compared to the overall market. When comparing to the S&P 500, the year to date difference is 18.28%.
For the same fiscal period year-over-year, revenue has declined to $124.59 million for 2010 vs. $134.52 million for 2009. The bottom line has falling earnings year-over-year of $18.92 million for 2010 vs. $32.72 million for 2009.The company's earnings before interest and taxes are falling with an EBIT year-over-year of $51.32 million for 2010 vs. $63.93 million for 2009. Lower revenue along with a drop in earnings is often one of the last signs to get out of the way of a falling stock price.
Here is a look at the fiscal year revenue. 
The total short interest number of shares for CPLP 
The number of days to cover short interest based on average daily trading volume for CPLP 
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