Capital Product Partners L.P. Stock Upgraded (CPLP)
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- The revenue growth greatly exceeded the industry average of 7.9%. Since the same quarter one year prior, revenues rose by 22.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Powered by its strong earnings growth of 96.36% and other important driving factors, this stock has surged by 34.69% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, CPLP should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 105.6% when compared to the same quarter one year prior, rising from -$35.01 million to $1.96 million.
- Net operating cash flow has slightly increased to $31.37 million or 7.31% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -23.42%.
- CAPITAL PRODUCT PARTNERS LP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, CAPITAL PRODUCT PARTNERS LP turned its bottom line around by earning $0.99 versus -$0.45 in the prior year.
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