Capital Product Partners (CPLP) Tops Q4 EPS by 7c, Revenues Beat
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Capital Product Partners L.P. Announces Fourth Quarter 2019 Financial Results and Increased Quarterly Distribution Guidance
February 5, 2020 7:00 AM ESTATHENS, Greece, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the Partnership, CPLP or we / us) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2019.
Highlights
Quarterly Revenues, Expenses and Net Income from continuing operations of $27.7 million, $18.2 million and $5.8 million respectively for the fourth quarter of 2019.Operating Surplus1 from continuing operations and Operating Surplus after the quarterly allocation to the capital reserve of $15.0 million and $7.3 million... More